https://www.vice.com/en_us/article/m7v4gv/amc-the-meme-stock-company-buys-gold-and-silver-mine

AMC, the movie theater operator whose stock price has fluctuated wildly over the last year after being turned into a meme stock, has announced it is purchasing a 22 percent stake in Hycroft Mining, a gold and silver mine in Nevada.

“Our strategic investment being announced today is the result of our having identified a company in an unrelated industry that appears to be just like AMC of a year ago,” Adam Aron, the CEO of AMC, said in a statement. “It, too, has rock-solid assets, but for a variety of reasons, it has been facing a severe and immediate liquidity issue. Its share price has been knocked low as a result. We are confident that our involvement can greatly help it to surmount its challenges — to its benefit, and to ours."