Hycroft Mining Holding Co. (NASDAQ:HYMC - Get Free Report) CEO Diane R. Garrett sold 4,976 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $3.02, for a total value of $15,027.52. Following the completion of the sale, the chief executive officer now directly owns 239,474 shares in the company, valued at $723,211.48. This trade represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Hycroft Mining Stock Up 14.1%
Hycroft Mining stock traded up $0.43 during trading hours on Monday, hitting $3.49. The stock had a trading volume of 588,265 shares, compared to its average volume of 232,705. The stock's 50-day moving average price is $3.14 and its 200-day moving average price is $2.67. The stock has a market capitalization of $87.19 million, a P/E ratio of -1.64 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 released its quarterly earnings data on Tuesday, May 13th. The company reported ($0.47) earnings per share (EPS) 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 stake in shares of 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 acquiring an additional 9,000 shares during the period. Jane Street Group LLC purchased a new stake in Hycroft Mining in the first quarter worth approximately $124,000. Global Retirement Partners LLC bought a new stake in Hycroft Mining in the 4th quarter worth approximately $92,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Hycroft Mining during the 1st quarter valued at $136,000. Finally, 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 valued at $93,000 after buying an additional 15,124 shares during the period. Hedge funds and other institutional investors own 7.38% of the company's stock.
Hycroft Mining Company Profile
(
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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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