The price of Hycroft Mining Holding Corporation (NASDAQ:HYMC) shares last traded on Wall Street fell -4.84% to $0.34.
Based on available information, 1 analysts follow Hycroft Mining Holding Corporation (NASDAQ:HYMC). 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 $0.35, this indicates a potential upside of 3614.29 percent. HYMC stock price is now -12.23% away from the 50-day moving average and -25.04% away from the 200-day moving average. The market capitalization of the company currently stands at $67.89M.
Among analysts, 1 rate the stock a hold while 0 rate it a buy. 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 $0.72 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 $0.37 million. Insiders disposed of 7,362,234 shares of company stock worth roughly $2.5 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 Y-INTERCEPT (HONG KONG) LTD during the first quarter worth $124,000. QUBE RESEARCH & TECHNOLOGIES LTD invested $76,000 in shares of HYMC during the first quarter. In the first quarter, TWO SIGMA INVESTMENTS, LP acquired a new stake in Hycroft Mining Holding Corporation valued at approximately $58,000. OLD MISSION CAPITAL, LLC acquired a new stake in HYMC for approximately $53,000. ERGOTELES LLC purchased a new stake in HYMC valued at around $41,000 in the second quarter. In total, there are 97 active investors with 28.20% ownership of the company’s stock.
A candlestick chart of Hycroft Mining Holding Corporation (NASDAQ: HYMC) showed a price of $0.3600 on Thursday morning. During the past 12 months, Hycroft Mining Holding Corporation has had a low of $0.28 and a high of $1.10. As of last week, the company has a debt-to-equity ratio of 3.72, a current ratio of 18.00, and a quick ratio of 17.60. The fifty day moving average price for HYMC is $0.3837 and a two-hundred day moving average price translates $0.4463 for the stock.
The latest earnings results from Hycroft Mining Holding Corporation (NASDAQ: HYMC) was released for Jun, 2023.
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.
