Diane R. Garrett Sells 6,423 Shares of Hycroft Mining Holding Co. (NASDAQ:HYMC) Stock

Hycroft Mining Holding Co. (NASDAQ:HYMC - Get Free Report) CEO Diane R. Garrett sold 6,423 shares of the firm's stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $3.08, for a total transaction of $19,782.84. Following the sale, the chief executive officer now owns 233,051 shares of the company's stock, valued at approximately $717,797.08. This represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Hycroft Mining Trading Up 10.2%

NASDAQ:HYMC traded up $0.38 on Thursday, reaching $4.12. 673,112 shares of the stock traded hands, compared to its average volume of 218,318. The company has a market capitalization of $102.93 million, a price-to-earnings ratio of -1.93 and a beta of 2.21. Hycroft Mining Holding Co. has a 12 month low of $1.95 and a 12 month high of $4.34. The company's fifty day simple moving average is $3.18 and its 200 day simple moving average is $2.70.

Hycroft Mining (NASDAQ:HYMC - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported ($0.47) earnings per share for the quarter, missing analysts' consensus estimates of ($0.43) by ($0.04).

Institutional Trading of Hycroft Mining

A number of institutional investors and hedge funds have recently bought and sold shares of HYMC. Geode Capital Management LLC boosted its holdings in shares of Hycroft Mining by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 204,018 shares of the company's stock valued at $451,000 after acquiring an additional 6,429 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in shares of Hycroft Mining by 40.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 31,000 shares of the company's stock valued at $69,000 after acquiring an additional 9,000 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Hycroft Mining by 14.8% during the 4th quarter. Renaissance Technologies LLC now owns 86,679 shares of the company's stock valued at $192,000 after acquiring an additional 11,200 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Hycroft Mining by 55.8% during the 4th quarter. Northern Trust Corp now owns 42,241 shares of the company's stock valued at $93,000 after acquiring an additional 15,124 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Hycroft Mining during the 1st quarter valued at about $124,000. 7.38% of the stock is currently owned by institutional investors.

Hycroft Mining Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.