Hycroft Mining Holding Co. (NASDAQ:HYMC) CEO Diane R. Garrett Sells 6,423 Shares

Hycroft Mining Holding Co. (NASDAQ:HYMC) CEO Diane R. Garrett sold 6,423 shares of the company’s stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $3.08, for a total transaction of $19,782.84. Following the completion of the sale, the chief executive officer now directly owns 233,051 shares of the company’s stock, valued at $717,797.08. This trade represents a 2.68% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Hycroft Mining Price Performance

Shares of NASDAQ HYMC opened at $4.34 on Friday. Hycroft Mining Holding Co. has a 1 year low of $1.95 and a 1 year high of $4.60. The stock has a market cap of $108.43 million, a P/E ratio of -2.04 and a beta of 2.21. The firm has a 50-day moving average of $3.21 and a 200 day moving average of $2.72.

Hycroft Mining (NASDAQ:HYMC) last released its quarterly earnings results on Tuesday, May 13th. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.04).

Hedge Funds Weigh In On Hycroft Mining

A number of large investors have recently bought and sold shares of HYMC. Jane Street Group LLC bought a new position in Hycroft Mining in the first quarter worth about $124,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Hycroft Mining by 11.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 459,896 shares of the company’s stock valued at $1,490,000 after buying an additional 47,385 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Hycroft Mining during the 1st quarter valued at about $136,000. Tidal Investments LLC acquired a new position in Hycroft Mining in the 4th quarter worth approximately $1,919,000. Finally, Northern Trust Corp increased its stake in shares of Hycroft Mining by 55.8% in the fourth quarter. Northern Trust Corp now owns 42,241 shares of the company’s stock worth $93,000 after acquiring an additional 15,124 shares during the period. Hedge funds and other institutional investors own 7.38% of the company’s stock.

About Hycroft Mining

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.