Hycroft Mining (NASDAQ:HYMC) SVP Rebecca Jennings Sells 1,194 Shares of Stock

Hycroft Mining Holding Corporation (NASDAQ:HYMC) SVP Rebecca Jennings sold 1,194 shares of the business’s stock in a transaction 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 directly 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Rebecca Jennings also recently made the following trade(s):

• On Friday, June 12th, Rebecca Jennings sold 15,329 shares of Hycroft Mining stock. The stock was 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 shares were sold at an average price of $30.27, for a total value of $342,051.00.

Hycroft Mining Stock Performance

Shares of NASDAQ HYMC opened at $26.57 on Wednesday. Hycroft Mining Holding Corporation has a fifty-two week low of $2.93 and a fifty-two week high of $58.73. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of -22.33 and a beta of 2.62. The firm’s 50-day simple moving average is $35.28 and its 200 day simple moving average is $33.34.

Hycroft Mining (NASDAQ:HYMC) last issued its quarterly earnings data on Monday, April 27th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.45).

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Hycroft Mining from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 30th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Contravisory Investment Management Inc. purchased a new stake in shares of Hycroft Mining in the 1st quarter valued at approximately $34,000. Hollencrest Capital Management purchased a new stake in shares of Hycroft Mining in the first quarter valued at about $35,000. FNY Investment Advisers LLC lifted its position in shares of Hycroft Mining by 1,666.7% in the fourth quarter. FNY Investment Advisers LLC now owns 1,060 shares of the company’s stock valued at $25,000 after acquiring an additional 1,000 shares in the last quarter. Legacy Wealth Managment LLC ID purchased a new position in shares of Hycroft Mining during the first quarter valued at approximately $44,000. Finally, Harbor Investment Advisory LLC purchased a new position in shares of Hycroft Mining during the first quarter valued at approximately $49,000. 7.38% of the stock is currently owned by hedge funds and other institutional investors.

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.