Hycroft Mining (NASDAQ:HYMC) Shares Gap Down – Here’s What Happened

Posted by Brian Himes on Sep 10th, 2026

Hycroft Mining Holding Corporation (NASDAQ:HYMC – Get Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $22.81, but opened at $21.58. Hycroft Mining shares last traded at $21.6370, with a volume of 291,498 shares traded.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on HYMC shares. B. Riley Financial began coverage on shares of Hycroft Mining in a report on Monday, August 3rd. They set a “buy” rating and a $25.00 price target on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Hycroft Mining in a research report on Tuesday, June 16th. Wall Street Zen upgraded shares of Hycroft Mining from a “strong sell” rating to a “sell” rating in a report on Saturday, May 30th. Finally, Zacks Research raised shares of Hycroft Mining to a “hold” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Hycroft Mining currently has an average rating of “Hold” and an average price target of $25.00.

Read Our Latest Analysis on Hycroft Mining

Hycroft Mining Price Performance

The company has a market capitalization of $2.01 billion, a P/E ratio of -21.80 and a beta of 2.83. The firm’s 50-day moving average is $23.07 and its 200-day moving average is $31.07.

Hycroft Mining (NASDAQ:HYMC – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.08). As a group, analysts forecast that Hycroft Mining Holding Corporation will post -0.9 EPS for the current fiscal year.

Insider Transactions at Hycroft Mining

In related news, SVP David Thomas sold 25,000 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $26.32, for a total value of $658,000.00. Following the completion of the sale, the senior vice president directly owned 168,374 shares of the company’s stock, valued at approximately $4,431,603.68. This represents a 12.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Rebecca Jennings sold 1,194 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $28.64, for a total transaction of $34,196.16. Following the sale, the senior vice president owned 202,498 shares in the company, valued at approximately $5,799,542.72. The trade was a 0.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 41,523 shares of company stock valued at $1,094,582. Company insiders own 0.77% of the company’s stock.

Institutional Trading of Hycroft Mining

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Hycroft Mining by 150.2% during the 4th quarter. Vanguard Group Inc. now owns 2,835,578 shares of the company’s stock valued at $67,402,000 after purchasing an additional 1,702,288 shares during the period. Franklin Resources Inc. bought a new position in Hycroft Mining in the 4th quarter worth approximately $39,815,000. Schroder Investment Management Group purchased a new stake in Hycroft Mining during the 4th quarter valued at approximately $36,366,000. California State Teachers Retirement System raised its position in shares of Hycroft Mining by 2,409.6% during the second quarter. California State Teachers Retirement System now owns 1,396,161 shares of the company’s stock valued at $32,670,000 after buying an additional 1,340,528 shares during the last quarter. Finally, Tidal Investments LLC raised its position in shares of Hycroft Mining by 125.3% during the third quarter. Tidal Investments LLC now owns 1,566,287 shares of the company’s stock valued at $9,711,000 after buying an additional 871,030 shares during the last quarter. 7.38% of the stock is currently owned by institutional investors.

About Hycroft Mining

(Get Free Report)

Hycroft Mining PLC is a precious metals company focused on the exploration, development and operation of the Hycroft Mine, a large oxide gold and silver deposit in northwestern Nevada. The company’s primary activities include open-pit mining, heap leach extraction and carbon adsorption/desorption processing designed to recover gold and silver from crushed ore. Hycroft’s technical team employs conventional mining methods and metallurgical processes to advance resource conversion and optimize recovery rates.

Located on approximately 28,800 hectares in Humboldt County, Nevada, the Hycroft Mine ranks among the largest undeveloped oxide gold-silver deposits in North America.