Insider Selling: Hycroft Mining Holding Co. (NASDAQ:HYMC) SVP Sells 3,389 Shares of Stock

Hycroft Mining Holding Co. (NASDAQ:HYMC - Get Free Report) SVP David Brian Thomas sold 3,389 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $3.01, for a total value of $10,200.89. Following the completion of the sale, the senior vice president now directly owns 77,487 shares of the company's stock, valued at approximately $233,235.87. This trade represents a 4.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

David Brian Thomas also recently made the following trade(s):

• On Thursday, May 15th, David Brian Thomas sold 1,876 shares of Hycroft Mining stock. The stock was sold at an average price of $3.01, for a total transaction of $5,646.76.

Hycroft Mining Price Performance

Hycroft Mining stock traded up $0.43 during mid-day trading on Monday, reaching $3.49. The company had a trading volume of 588,265 shares, compared to its average volume of 232,705. The stock's 50-day simple moving average is $3.14 and its 200-day simple moving average is $2.67. Hycroft Mining Holding Co. has a 1 year low of $1.95 and a 1 year high of $3.95. The company has a market capitalization of $87.19 million, a P/E ratio of -1.64 and a beta of 2.34.

Hycroft Mining (NASDAQ:HYMC - Get Free Report) last announced its 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).

Institutional Trading of Hycroft Mining

A number of hedge funds have recently bought and sold shares of HYMC. Geode Capital Management LLC increased its stake in Hycroft Mining by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 204,018 shares of the company's stock valued at $451,000 after purchasing an additional 6,429 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings 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 buying an additional 9,000 shares during the period. Renaissance Technologies LLC increased its stake 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 lifted 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 worth $93,000 after acquiring an additional 15,124 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of Hycroft Mining during the 1st quarter worth about $124,000. 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.