Hycroft Mining Holding Corporation (NASDAQ:HYMC – Get Free Report) SVP Rebecca Jennings sold 1,194 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $28.64, for a total value of $34,196.16. Following the completion of the sale, the senior vice president owned 202,498 shares of the company’s stock, valued at approximately $5,799,542.72. This trade represents a 0.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Rebecca Jennings also recently made the following trade(s):
- On Friday, June 12th, Rebecca Jennings sold 15,329 shares of Hycroft Mining stock. The shares were sold at an average price of $26.25, for a total value of $402,386.25.
- On Thursday, June 4th, Rebecca Jennings sold 11,300 shares of Hycroft Mining stock. The stock was sold at an average price of $30.27, for a total value of $342,051.00.
Hycroft Mining Stock Up 1.7%
NASDAQ HYMC opened at $26.01 on Friday. The stock has a market cap of $2.38 billion, a PE ratio of -21.86 and a beta of 2.62. Hycroft Mining Holding Corporation has a fifty-two week low of $2.93 and a fifty-two week high of $58.73. The business has a 50 day moving average price of $34.86 and a two-hundred day moving average price of $33.54.
Institutional Trading of Hycroft Mining
Institutional investors and hedge funds have recently bought and sold shares of the company. FNY Investment Advisers LLC grew its position in shares of Hycroft Mining by 1,666.7% in the 4th quarter. FNY Investment Advisers LLC now owns 1,060 shares of the company’s stock worth $25,000 after acquiring an additional 1,000 shares in the last quarter. Bank of America Corp DE raised its position in shares of Hycroft Mining by 166.6% during the 3rd quarter. Bank of America Corp DE now owns 4,060 shares of the company’s stock valued at $25,000 after acquiring an additional 2,537 shares in the last quarter. Contravisory Investment Management Inc. bought a new position in Hycroft Mining during the first quarter worth $34,000. Hollencrest Capital Management acquired a new position in Hycroft Mining in the first quarter worth $35,000. Finally, Legacy Wealth Managment LLC ID acquired a new position in Hycroft Mining in the first quarter worth $44,000. Institutional investors and hedge funds own 7.38% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of Hycroft Mining from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 30th. Weiss Ratings restated a “sell (d-)” rating on shares of Hycroft Mining in a research note on Tuesday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.
Read Our Latest Research Report on Hycroft Mining
Hycroft Mining Company Profile
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.
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