AMC Entertainment Holdings has sold most of its stake in Hycroft Mining Holding Corporation and made about $24.1 million in a private deal with Sprott Mining. The deal, which was made public in early December 2025, included the sale of about 2.34 million Hycroft common shares, 1.34 million shares worth of warrants, and rights to 12,000 shares that would vest in the future.
AMC still has more than 1 million warrants to buy Hycroft shares at $10.68 each and about 64,000 common shares. This gives them a stake in the Nevada-based gold and silver miner’s potential growth. According to independent studies, Hycroft’s 71,000-acre site has about 15 million ounces of gold and 600 million ounces of silver. After the sale, Sean Goodman, AMC’s CFO, is still on Hycroft’s board.
AMC first got involved with Hycroft in March 2022, when it bought a 22% stake for $27.9 million along with investor Eric Sprott in a $56 million equity raise. The move gave AMC a seat on the board and was meant to give Hycroft more time to grow its business because it has so many precious metals deposits. Adam Aron, the CEO, called the exit a “exceptional result” that met the original 2022 goal of unlocking Hycroft’s value.
AMC is focusing on its core cinema business again after branching out into mining when the market was unstable. Hycroft shares were trading at about $4.59 recently, and silver prices had an effect on how people felt. This profitable sale improves AMC’s balance sheet as it adapts to changes in the entertainment industry in 2026.
