10 Stock Winners Shocking Wall Street

7. Hycroft Mining Holding Corp. (NASDAQ:HYMC)

Hycroft Mining surged by 27.6 percent week-on-week, hitting a new four-year high, as investor sentiment was buoyed by silver’s rally to a fresh peak that sparked potential for higher profits, especially with the successful exploration of high-grade resources at its Nevada mining site.

Following geopolitical tensions and continued uncertainties about US trade policies, inflation, and interest rates, investor funds shifted to safer assets such as gold and silver to mitigate risks, with optimism spilling over to mining companies such as Hycroft Mining Holding Corp. (NASDAQ:HYMC).

The rally was further supported by news earlier that Hycroft Mining Holding Corp. (NASDAQ:HYMC) successfully found the best grades of silver at its Nevada mining site, and that drilling exploration showed the area’s continuity of resources.

Meanwhile, spot prices of silver further jumped by 4.68 percent to a new record of $94 on Monday following President Donald Trump’s fresh tariff threats on European countries opposing his proposed takeover of Greenland.

Investors will be closely watching out on how mining stocks would perform on the start of the trading week on Tuesday, as US markets are closed on Monday in celebration of the Martin Luther King Jr. day.