Hycroft Mining Holding Co. (NASDAQ:HYMC - Get Free Report) CEO Diane R. Garrett sold 6,423 shares of the company's stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $3.08, for a total transaction of $19,782.84. Following the transaction, the chief executive officer now owns 233,051 shares of the company's stock, valued at approximately $717,797.08. The trade was a 2.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Hycroft Mining Stock Performance
Hycroft Mining stock traded up $0.22 during trading hours on Friday, reaching $4.34. 619,710 shares of the stock were exchanged, compared to its average volume of 218,065. The stock has a market cap of $108.43 million, a P/E ratio of -2.04 and a beta of 2.21. Hycroft Mining Holding Co. has a 52-week low of $1.95 and a 52-week high of $4.60. The firm's 50 day moving average is $3.21 and its 200 day moving average is $2.72.
Hycroft Mining (NASDAQ:HYMC - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported ($0.47) EPS for the quarter, missing analysts' consensus estimates of ($0.43) by ($0.04).
Hedge Funds Weigh In On Hycroft Mining
A number of large investors have recently made changes to their positions in HYMC. Tidal Investments LLC purchased a new position in shares of Hycroft Mining in the 4th quarter valued at about $1,919,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Hycroft Mining by 11.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 459,896 shares of the company's stock valued at $1,490,000 after purchasing an additional 47,385 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Hycroft Mining in the 1st quarter valued at about $136,000. Global Retirement Partners LLC purchased a new position in shares of Hycroft Mining in the 4th quarter valued at about $92,000. Finally, Jane Street Group LLC purchased a new position in shares of Hycroft Mining in the 1st quarter valued at about $124,000. Hedge funds and other institutional investors own 7.38% of the company's stock.
About Hycroft Mining
(
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Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine that consists of 30 private parcels with patented claims comprising approximately 1,787 acres, and 3,247 unpatented mining claims that encompass approximately 62,298 acres located in the state of Nevada.
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