In yesterday’s Wall Street session, Hycroft Mining Holding Corporation (NASDAQ:HYMC) shares traded at $0.47, up 0.95% from the previous session.
1 analysts cover Hycroft Mining Holding Corporation (NASDAQ:HYMC), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $13.00 and a low of $13.00, we find $13.00. Given the previous closing price of $0.46, this indicates a potential upside of 2726.09 percent. HYMC stock price is now 31.96% away from the 50-day moving average and -5.45% away from the 200-day moving average. The market capitalization of the company currently stands at $93.26M.
The stock has received a hold rating from 1 analysts and a buy rating from 0. Brokers who have rated the stock have averaged $13.00 as their price target over the next twelve months.
With the price target of $15, Stifel recently initiated with Buy rating for Hycroft Mining Holding Corporation (NASDAQ: HYMC).
In other news, GARRETT DIANE R, President & CEO sold 67,629 shares of the company’s stock on Jun 05. The stock was sold for $23,129 at an average price of $0.34. Upon completion of the transaction, the President & CEO now directly owns 2,125,447 shares in the company, valued at $1.0 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05, Executive Vice President & CFO RIDEOUT STANTON K sold 45,621 shares of the business’s stock. A total of $15,602 was realized by selling the stock at an average price of $0.34. This leaves the insider owning 1,099,177 shares of the company worth $0.52 million. Insiders disposed of 10,876,222 shares of company stock worth roughly $5.11 million over the past 1 year. A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in HYMC stock. A new stake in Hycroft Mining Holding Corporation shares was purchased by GROUP ONE TRADING, L.P. during the first quarter worth $70,000. TWO SIGMA SECURITIES, LLC invested $14,000 in shares of HYMC during the first quarter. In the first quarter, SPROTT INC. acquired a new stake in Hycroft Mining Holding Corporation valued at approximately $13,000. HBK SORCE ADVISORY LLC acquired a new stake in HYMC for approximately $11,000. WOLVERINE TRADING, LLC purchased a new stake in HYMC valued at around $10,000 in the second quarter. In total, there are 105 active investors with 28.20% ownership of the company’s stock.
On Friday morning Hycroft Mining Holding Corporation (NASDAQ: HYMC) stock kicked off with the opening price of $0.4800. During the past 12 months, Hycroft Mining Holding Corporation has had a low of $0.28 and a high of $1.19. As of last week, the company has a debt-to-equity ratio of 2.72, a current ratio of 15.10, and a quick ratio of 14.80. The fifty day moving average price for HYMC is $0.3559 and a two-hundred day moving average price translates $0.4937 for the stock.
The latest earnings results from Hycroft Mining Holding Corporation (NASDAQ: HYMC) was released for Mar, 2023. According to the Gold Company, earnings per share came in at -$0.07, missing analysts’ expectations of -$0.01 by -0.06. This compares to -$0.27 EPS in the same period last year.
Hycroft Mining Holding Corporation(HYMC) 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. Hycroft Mining Holding Corporation is headquartered in Winnemucca, Nevada.
