Hycroft Mining Holding Co. (NASDAQ:HYMC) CFO Sells $16,756.38 in Stock

Hycroft Mining Holding Co. (NASDAQ:HYMC - Get Free Report) CFO Stanton K. Rideout sold 4,398 shares of Hycroft Mining stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $3.81, for a total transaction of $16,756.38. Following the completion of the sale, the chief financial officer now owns 132,986 shares of the company's stock, valued at approximately $506,676.66. This trade represents a 3.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Hycroft Mining Price Performance

Shares of NASDAQ:HYMC traded up $0.22 during midday trading on Friday, reaching $4.34. The company had a trading volume of 619,710 shares, compared to its average volume of 218,065. The stock has a market capitalization of $108.43 million, a P/E ratio of -2.04 and a beta of 2.21. The stock's fifty day moving average price is $3.21 and its 200-day moving average price is $2.72. Hycroft Mining Holding Co. has a one year low of $1.95 and a one year high of $4.60.

Hycroft Mining (NASDAQ:HYMC - Get Free Report) last released 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 hedge funds have recently added to or reduced their stakes in HYMC. Avantax Advisory Services Inc. boosted its holdings 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 purchasing an additional 9,000 shares during the period. Global Retirement Partners LLC acquired a new position in Hycroft Mining in the fourth quarter worth $92,000. Northern Trust Corp boosted its holdings in shares of 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 acquiring an additional 15,124 shares during the period. Jane Street Group LLC acquired a new position in shares of Hycroft Mining during the first quarter valued at $124,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Hycroft Mining during the first quarter valued at $136,000. Institutional investors and hedge funds own 7.38% of the company's stock.

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.