Hycroft Mining (NASDAQ:HYMC) Shares Down 6.8% – Should You Sell?

Posted by Geri Gentry on Sep 28th, 2026

Hycroft Mining Holding Corporation (NASDAQ:HYMC – Get Free Report) traded down 6.8% on Monday. The stock traded as low as $20.03 and last traded at $20.0280. 463,086 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 2,989,986 shares. The stock had previously closed at $21.48.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on HYMC shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Hycroft Mining in a research report on Friday, September 11th. B. Riley Financial started coverage on shares of Hycroft Mining in a research report on Monday, August 3rd. They set a “buy” rating and a $25.00 price target on the stock. Finally, Zacks Research upgraded shares of Hycroft Mining to a “hold” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Hycroft Mining currently has an average rating of “Hold” and a consensus target price of $25.00.

Check Out Our Latest Report on Hycroft Mining

Hycroft Mining Stock Performance

The stock has a market cap of $1.86 billion, a PE ratio of -20.15 and a beta of 2.83. The stock has a fifty day simple moving average of $23.00 and a two-hundred day simple moving average of $28.97.

Hycroft Mining (NASDAQ:HYMC – Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.08). On average, equities analysts predict that Hycroft Mining Holding Corporation will post -0.9 EPS for the current fiscal year.

Hedge Funds Weigh In On Hycroft Mining

Institutional investors have recently added to or reduced their stakes in the company. Engineers Gate Manager LP purchased a new position in Hycroft Mining in the 2nd quarter valued at about $248,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Hycroft Mining during the second quarter worth about $25,000. Arizona State Retirement System increased its position in shares of Hycroft Mining by 9.0% during the second quarter. Arizona State Retirement System now owns 14,446 shares of the company’s stock worth $338,000 after acquiring an additional 1,198 shares during the last quarter. Continuum Advisory LLC acquired a new position in shares of Hycroft Mining in the second quarter worth about $58,000. Finally, Headlands Technologies LLC lifted its stake in shares of Hycroft Mining by 109.5% in the second quarter. Headlands Technologies LLC now owns 37,098 shares of the company’s stock worth $868,000 after acquiring an additional 19,392 shares in the last quarter. Institutional investors and hedge funds own 7.38% of the company’s stock.

About Hycroft Mining

(Get Free Report)

Hycroft Mining Holding Corporation is a U.S.-based precious metals exploration and development company focused on the Hycroft Mine, a large open-pit gold and silver project in Humboldt County, Nevada, near Winnemucca. The company owns and operates the project through its subsidiary, Hycroft Mining Corporation.

The Hycroft Mine historically produced gold and silver using open-pit mining and heap-leach processing. Following a period of operations under previous ownership, mining activities were suspended, and Hycroft has since focused primarily on exploration, resource evaluation, metallurgical testing, and technical studies intended to assess potential future development and production options.

Hycroft’s activities are concentrated in the United States, particularly at its Nevada property.