-
AMC's Hycroft Raises $195M In Just Two Weeks And Adam Aron Can't Stop Boasting About It
Saturday, March 26, 2022 - 12:15pm | 467Last week, movie theater chain AMC Entertainment Holdings Inc (NYSE: AMC) purchased a major stake in Hycroft Mining Holding Corp (NASDAQ: HYMC). AMC spent $27.9 million in cash for the deal and received roughly 23.4 million shares in the company. Now, two weeks following the...
-
AMC 'Playing On Offense Again,' Picks Up 22% Stake In Gold And Silver Miner Hycroft: What Investors Should Know
Tuesday, March 15, 2022 - 9:05am | 828In an unexpected development, movie theater chain AMC Entertainment Holdings, Inc. (NYSE: AMC) announced Tuesday the company's diversification into an unrelated venture. What Happened: AMC said it is picking up a 22% stake in Hycroft Mining Holding Corporation (NASDAQ: HYMC) and its 71,000...
-
Why Hycroft Mining Shares Are Soaring Today
Tuesday, March 15, 2022 - 8:42am | 234Hycroft Mining Holding Corp (NASDAQ: HYMC) shares are surging Tuesday morning after AMC Entertainment Holdings Inc (NYSE: AMC) announced it's buying a 22% stake in the company. Making an investment equal to AMC is Eric Sprott, one of the world’s leading gold and...
-
More Than Just Gold And Silver: Sprott to Launch Platinum, Palladium ETFs
Tuesday, January 17, 2012 - 5:18pm | 263Sprott Asset Management, the firm run by noted precious metals bull Eric Sprott, plans to add to its offerings of exchange-traded products by introducing an ETF backed by physical holdings of platinum and palladium. The firm announced the plans in a recent filing. The filing said the new ETF will...
-
Eric Sprott - A Bold, Gold Man
Thursday, September 29, 2011 - 12:44pm | 113Eric Sprott – A Bold Gold Man
-
What Are Eric Sprott's Favorite Mining Stocks?
Wednesday, July 6, 2011 - 2:43pm | 411Eric Sprott, CEO of Sprott Asset Management and a major player in the precious metals markets, has made some huge bets on specific gold and silver miners, most of which have already paid off in a big way. In fact, assets under management at Sprott, Inc. were $9.7 billion at the end of Q1 2011...
-
Are Central Banks Fighting to Reduce the Price of Precious Metals?
Wednesday, May 18, 2011 - 4:29pm | 329Only the central banks can answer that one. But if Eric Sprott's assumption is correct, they might have more to do with the price than meets the eye. "One of my ongoing assumptions when I first got involved in precious metals in 2000 is that certainly central banks want to keep the price of metals...
-
Sprott Asset Management CEO Eric Sprott on Gold and the Correction in Silver
Wednesday, May 18, 2011 - 8:24am | 1361Benzinga recently caught up with Eric Sprott, CEO of Sprott Asset Management. Sprott is a long-time proponent of owning both gold and silver. He spoke with us about his outlook for the metals and his thoughts on the gold-to-silver price ratio. We also discussed how he's handling the current...
-
How Eric Sprott Is Minting Money
Wednesday, April 6, 2011 - 1:02pm | 196Canadian fund manager Eric Sprott appeared on Yahoo Finance's Breakout segment today with Matt Nesto and Jeff Macke to talk about how he is positioned in his hedge funds. He said that the major problem that he sees right now is the leverage in the banking system, which was exactly what brought Wall...
-
Its Time To Invest In Physical Gold, Says Eric Sprott
Wednesday, June 9, 2010 - 8:12am | 772In an article on TheStreet.com, Eric Sprott, founder of Sprott Asset Management, who has been an outspoken gold bull since 2000, addressed several issues related to the stock market and the precious metal. On being one of the staunchest supporters of gold and the current trend of gold prices “I don...
-
Barton Biggs Considers Stocks To Be Highly Oversold And Predicts An Upside
Thursday, May 27, 2010 - 2:08pm | 207According to an article on Business Insider, Barton Biggs, former chief global strategist at Morgan Stanley, is optimistic about the future of the stock market. He says, “I think [stocks are] going to stabilize in this general area, and then we’re going to have a significant move to the upside.”...
-
A Look At Superstar Hedge Fund Manager Eric Sprott's Portfolio (GLD, SLW, JAG, XRA)
Thursday, April 15, 2010 - 3:47pm | 376Eric Sprott appeared on CNBC this afternoon to talk to Maria Bartiromeo about the markets. He said that he has not bought into the market at these levels and has missed much of the rally. He said that he is still concerned about leverage in the banking system. The interview, and a look at Sprott's...
-
Sprott Says S&P 500 To Fall Below March Low
Tuesday, December 29, 2009 - 3:31pm | 156Reflecting the current environment of widely divergent market opinions, Toronto hedge fund manager Eric Sprott is predicting the S&P 500 will fall below its March low of 676.53. In an interview with Bloomberg, Sprott said, “We’re in a bear market that will last 15 or 20 years, and we’ve had...