Hycroft Mining Holding Co. (NASDAQ:HYMC - Get Free Report) CFO Stanton K. Rideout sold 5,453 shares of the stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $2.97, for a total value of $16,195.41. Following the sale, the chief financial officer now owns 137,384 shares in the company, valued at $408,030.48. The trade was a 3.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Hycroft Mining Trading Up 0.3%
NASDAQ:HYMC traded up $0.01 during midday trading on Friday, hitting $3.05. 109,184 shares of the company traded hands, compared to its average volume of 213,780. The firm's fifty day moving average is $3.14 and its 200-day moving average is $2.67. Hycroft Mining Holding Co. has a 12-month low of $1.95 and a 12-month high of $3.95. The firm has a market capitalization of $76.20 million, a P/E ratio of -1.43 and a beta of 2.34.
Hycroft Mining (NASDAQ:HYMC - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.43) by ($0.04).
Hedge Funds Weigh In On Hycroft Mining
Hedge funds have recently bought and sold shares of the business. Avantax Advisory Services Inc. grew its position in Hycroft Mining by 40.9% in 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. Global Retirement Partners LLC bought a new position in Hycroft Mining in the 4th quarter valued at $92,000. Northern Trust Corp grew its position in Hycroft Mining by 55.8% in 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. Jane Street Group LLC bought a new position in Hycroft Mining in the 1st quarter valued at $124,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Hycroft Mining in the 1st quarter valued at $136,000. 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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