Tidal Investments LLC Purchases Shares of 868,376 Hycroft Mining Holding Co. (NASDAQ:HYMC)

Tidal Investments LLC purchased a new stake in shares of Hycroft Mining Holding Co. (NASDAQ:HYMC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 868,376 shares of the company's stock, valued at approximately $1,919,000. Tidal Investments LLC owned about 3.51% of Hycroft Mining at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of HYMC. Renaissance Technologies LLC grew its stake in Hycroft Mining by 14.8% in the fourth quarter. Renaissance Technologies LLC now owns 86,679 shares of the company's stock worth $192,000 after purchasing an additional 11,200 shares during the period. Global Retirement Partners LLC purchased a new stake in Hycroft Mining in the fourth quarter worth about $92,000. Avantax Advisory Services Inc. increased its position in Hycroft Mining by 40.9% in the fourth quarter. Avantax Advisory Services Inc. now owns 31,000 shares of the company's stock worth $69,000 after buying an additional 9,000 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Hycroft Mining by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 204,018 shares of the company's stock worth $451,000 after purchasing an additional 6,429 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Hycroft Mining by 55.8% during the fourth quarter. Northern Trust Corp now owns 42,241 shares of the company's stock valued at $93,000 after buying an additional 15,124 shares during the last quarter. Institutional investors own 7.38% of the company's stock.

Hycroft Mining Trading Up 3.2%

Shares of NASDAQ HYMC traded up $0.10 during midday trading on Thursday, hitting $3.08. The company's stock had a trading volume of 71,418 shares, compared to its average volume of 213,505. The business's 50 day moving average is $3.16 and its two-hundred day moving average is $2.66. The firm has a market cap of $76.82 million, a P/E ratio of -1.45 and a beta of 2.34. Hycroft Mining Holding Co. has a 12-month low of $1.95 and a 12-month high of $3.95.

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

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.