Hycroft Mining (NASDAQ:HYMC) SVP Rebecca Jennings Sells 11,300 Shares of Stock

Hycroft Mining Holding Corporation (NASDAQ:HYMC) SVP Rebecca Jennings sold 11,300 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $30.27, for a total value of $342,051.00. Following the completion of the sale, the senior vice president owned 204,494 shares in the company, valued at approximately $6,190,033.38. This trade represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Tuesday, March 17th, Rebecca Jennings sold 9,071 shares of Hycroft Mining stock. The shares were sold at an average price of $39.33, for a total value of $356,762.43.

Hycroft Mining Price Performance

Shares of Hycroft Mining stock opened at $26.33 on Tuesday. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of -22.13 and a beta of 2.62. The stock’s 50-day moving average is $36.33 and its 200-day moving average is $32.68. Hycroft Mining Holding Corporation has a one year low of $2.93 and a one year high of $58.73.

Hycroft Mining (NASDAQ:HYMC) last issued its quarterly earnings results on Monday, April 27th. The company reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.45).

Analyst Ratings Changes

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

Institutional Trading of Hycroft Mining

Hedge funds and other institutional investors have recently modified their holdings of the stock. FNY Investment Advisers LLC increased 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 during the last quarter. Bank of America Corp DE increased its position in shares of Hycroft Mining by 166.6% in the third 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 during the last quarter. Contravisory Investment Management Inc. acquired a new stake in shares of Hycroft Mining in the first quarter valued at about $34,000. Hollencrest Capital Management acquired a new stake in shares of Hycroft Mining in the first quarter valued at about $35,000. Finally, Legacy Wealth Managment LLC ID acquired a new stake in shares of Hycroft Mining in the first quarter valued at about $44,000. Institutional investors and hedge funds own 7.38% of the company’s stock.

About Hycroft Mining

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.