Hycroft Mining Holding Co. (NASDAQ:HYMC – Get Rating) major shareholder Mudrick Capital Management, L. sold 245,859 shares of Hycroft Mining stock in a transaction dated Wednesday, February 1st. The stock was sold at an average price of $0.59, for a total value of $145,056.81. Following the completion of the sale, the insider now directly owns 14,947,116 shares of the company's stock, valued at approximately $8,818,798.44. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, January 30th, Mudrick Capital Management, L. sold 300,000 shares of Hycroft Mining stock. The shares were sold at an average price of $0.58, for a total transaction of $174,000.00.
• On Friday, January 27th, Mudrick Capital Management, L. sold 155,557 shares of Hycroft Mining stock. The stock was sold at an average price of $0.57, for a total transaction of $88,667.49.
• On Wednesday, January 25th, Mudrick Capital Management, L. sold 300,000 shares of Hycroft Mining stock. The stock was sold at an average price of $0.62, for a total transaction of $186,000.00.
• On Monday, January 23rd, Mudrick Capital Management, L. sold 300,000 shares of Hycroft Mining stock. The shares were sold at an average price of $0.63, for a total value of $189,000.00.
• On Friday, January 20th, Mudrick Capital Management, L. sold 335,393 shares of Hycroft Mining stock. The stock was sold at an average price of $0.63, for a total value of $211,297.59.
• On Wednesday, January 18th, Mudrick Capital Management, L. sold 242,734 shares of Hycroft Mining stock. The shares were sold at an average price of $0.67, for a total transaction of $162,631.78.
• On Wednesday, December 14th, Mudrick Capital Management, L. sold 306,391 shares of Hycroft Mining stock. The shares were sold at an average price of $0.50, for a total transaction of $153,195.50.
• 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 Friday, December 9th, 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 Wednesday, December 7th, Mudrick Capital Management, L. sold 500,000 shares of Hycroft Mining stock. The stock was sold at an average price of $0.55, for a total transaction of $275,000.00.

Hycroft Mining Price Performance

Hycroft Mining stock traded down $0.00 during midday trading on Thursday, reaching $0.60. 3,365,561 shares of the stock traded hands, compared to its average volume of 2,030,635. The stock has a market cap of $119.00 million, a P/E ratio of -0.51 and a beta of 1.90. The stock's fifty day moving average is $0.59 and its 200-day moving average is $0.72. The company has a quick ratio of 9.24, a current ratio of 9.94 and a debt-to-equity ratio of 1.87. Hycroft Mining Holding Co. has a 12 month low of $0.28 and a 12 month high of $3.10.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC acquired a new stake in Hycroft Mining during the third quarter worth about $28,000. Jane Street Group LLC grew its holdings in shares of Hycroft Mining by 200.5% in the third quarter. Jane Street Group LLC now owns 48,017 shares of the company's stock valued at $29,000 after purchasing an additional 32,037 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of Hycroft Mining during the 2nd quarter worth approximately $31,000. BNP Paribas Arbitrage SNC acquired a new stake in shares of Hycroft Mining during the 3rd quarter worth about $34,000. Finally, SG Americas Securities LLC raised its holdings in shares of Hycroft Mining by 201.4% in the 3rd quarter. SG Americas Securities LLC now owns 59,598 shares of the company's stock valued at $36,000 after buying an additional 39,823 shares during the period. 32.07% of the stock is currently owned by institutional investors and hedge funds.

About Hycroft Mining

(Get Rating)

Hycroft Mining Holding Corp. engages in the exploration, mining, and development of gold and silver properties. The company was founded on August 28, 2017 and is headquartered in Winnemucca, NV.

Further Reading

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