AMC Theaters Buying $27.9M Stake in Gold and Silver Mining Company Hycroft "The quality of 'Spider-Man: No Way Home' and 'The Batman,' as well as 2022’s promising industry box office, increase AMC Entertainment’s conviction that we are on a coast way to recuperation," says chairman and CEO Adam Aron. "To state the self-evident, one would not ordinarily think that a motion picture theater company’s center competency incorporates gold or silver mining." Cinema monster AMC Theaters said Tuesday it was buying a 22 percent stake in gold and silver mining company Hycroft Mining Holding Corp., counting its 71,000 section of land Hycroft Mine in northern Nevada, for $27. 9 million in cash. Management portrayed the bizarre move by the cinema mammoth, which has made a title for itself as a meme stock, as an artful one and the most recent case for how AMC looks to form esteem by considering exterior the box (and exterior the box office). “The quality of Spider-...
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