Diane R. Garrett Sells 8,193 Shares of Hycroft Mining Holding Co. (NASDAQ:HYMC) Stock

Hycroft Mining Holding Co. (NASDAQ:HYMC) CEO Diane R. Garrett sold 8,193 shares of the company’s stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $2.99, for a total transaction of $24,497.07. Following the completion of the transaction, the chief executive officer now owns 244,450 shares of the company’s stock, valued at approximately $730,905.50. This trade represents a 3.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Hycroft Mining Stock Performance

Shares of NASDAQ:HYMC opened at $2.76 on Tuesday. The firm has a market cap of $68.95 million, a PE ratio of -1.30 and a beta of 2.34. Hycroft Mining Holding Co. has a 52 week low of $1.95 and a 52 week high of $3.95. The firm’s fifty day moving average is $3.17 and its 200-day moving average is $2.63.

Hycroft Mining (NASDAQ:HYMC) last announced its 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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Avantax Advisory Services Inc. increased its position in Hycroft Mining by 40.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 31,000 shares of the company’s stock valued at $69,000 after purchasing an additional 9,000 shares during the period. Global Retirement Partners LLC bought a new stake in shares of Hycroft Mining in the 4th quarter valued at $92,000. Northern Trust Corp raised its stake in Hycroft Mining by 55.8% during the fourth quarter. Northern Trust Corp now owns 42,241 shares of the company’s stock worth $93,000 after buying an additional 15,124 shares during the last quarter. Jane Street Group LLC bought a new position in Hycroft Mining during the first quarter worth $124,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Hycroft Mining during the first quarter valued at $136,000. 7.38% of the stock is owned by institutional investors and hedge funds.

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.