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Insider Selling: Hycroft Mining Holding Co. (NASDAQ:HYMCL) Major Shareholder Sells $153,195.50 in Stock

Defense World ·  Dec 18, 2022 05:42

Hycroft Mining Holding Co. (NASDAQ:HYMCL – Get Rating) major shareholder Mudrick Capital Management, L. sold 306,391 shares of the firm's stock in a transaction on Wednesday, December 14th. The stock was sold at an average price of $0.50, for a total value of $153,195.50. Following the completion of the transaction, the insider now owns 17,923,698 shares of the company's stock, valued at approximately $8,961,849. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.

Mudrick Capital Management, L. also recently made the following trade(s):

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  • On Monday, December 12th, Mudrick Capital Management, L. sold 500,000 shares of Hycroft Mining stock. The stock was sold at an average price of $0.52, for a total value of $260,000.00.
  • On Thursday, December 8th, Mudrick Capital Management, L. sold 500,000 shares of Hycroft Mining stock. The stock was sold at an average price of $0.52, for a total transaction of $260,000.00.

Hycroft Mining Stock Performance

Shares of NASDAQ HYMCL opened at $0.08 on Friday. Hycroft Mining Holding Co. has a 12 month low of $0.04 and a 12 month high of $0.80.

About Hycroft Mining

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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 covers an area of approximately 70,671 acres located in the state of Nevada. As of December 31, 2021, its Hycroft mine had measured and indicated mineral resources of 9.6 million ounces of gold, and 446.0 million ounces of silver.

Further Reading

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