Mining Stocks Surged in Premarket Trading, Hycroft Mining Soared Nearly 200%.

Tiger Newspress2022-03-08

Mining stocks surged in premarket trading, Hycroft Mining soared nearly 200%.

Nickel, used in stainless steel and electric-vehicle batteries, surged as much as 250% in two days to trade briefly above $100,000 a ton early Tuesday. The frenzied move -- the largest-ever on the LME -- came as investors and industrial users who had sold the metal scrambled to buy the contracts back after prices initially rallied on concerns about supplies from Russia.

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Comments

  • lewisleeks
    2022-03-08
    lewisleeks
    Oh ok [Smile] [Smile] 
  • Vincent1968
    2022-03-08
    Vincent1968
    Like
  • Kirton
    2022-03-08
    Kirton
    Looks like a speculative move.
  • Fredteh
    2022-03-08
    Fredteh
    Maybe it is a good time to look at these stocks to increase value
  • Mml
    2022-03-08
    Mml
    Himmm
  • HappyFeet
    2022-03-08
    HappyFeet
    Like 
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