Hycroft Mining is trading 5% up at $21.66 as gold and mining names benefit from a broader risk-on rally across U.S. equities.

  • The move follows a broader market rebound, with the S&P 500 and Nasdaq both gaining more than 1%.
  • Positive sentiment is being driven by easing Middle East tensions and strong U.S. manufacturing data rather than company-specific news.
  • The stock continues the momentum from Monday's recovery as investors rotate back into risk assets.