33,061 Shares in Hycroft Mining Holding Corporation $HYMC Acquired by 180 Wealth Advisors LLC

180 Wealth Advisors LLC bought a new stake in shares of Hycroft Mining Holding Corporation (NASDAQ:HYMC) in the 1st quarter, Holdings Channel.com reports. The firm bought 33,061 shares of the company’s stock, valued at approximately $1,164,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in shares of Hycroft Mining by 150.2% in the fourth quarter. Vanguard Group Inc. now owns 2,835,578 shares of the company’s stock worth $67,402,000 after buying an additional 1,702,288 shares during the period. Franklin Resources Inc. bought a new stake in Hycroft Mining during the 4th quarter worth approximately $39,815,000. Schroder Investment Management Group purchased a new position in Hycroft Mining during the fourth quarter valued at approximately $36,366,000. Tidal Investments LLC boosted its position in shares of Hycroft Mining by 125.3% in the third quarter. Tidal Investments LLC now owns 1,566,287 shares of the company’s stock worth $9,711,000 after purchasing an additional 871,030 shares during the period. Finally, UBS Group AG boosted its position in shares of Hycroft Mining by 711.9% in the third quarter. UBS Group AG now owns 945,022 shares of the company’s stock worth $5,859,000 after purchasing an additional 828,625 shares during the period. 7.38% of the stock is owned by hedge funds and other institutional investors.

Hycroft Mining Stock Performance

HYMC stock opened at $21.38 on Monday. The company’s fifty day moving average price is $29.66 and its 200-day moving average price is $34.62. Hycroft Mining Holding Corporation has a one year low of $3.22 and a one year high of $58.73. The company has a market capitalization of $1.95 billion, a PE ratio of -17.97 and a beta of 2.71.

Hycroft Mining (NASDAQ:HYMC) last posted its earnings results 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

HYMC has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Hycroft Mining from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hycroft Mining in a report on Tuesday, June 16th. Finally, B. Riley Financial started coverage on Hycroft Mining in a research note on Friday. They issued a “buy” rating and a $28.00 price target for the company. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Hycroft Mining has an average rating of “Hold” and a consensus price target of $28.00.

Insider Activity

In related news, CFO Stanton K. Rideout sold 16,500 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $30.18, for a total value of $497,970.00. Following the sale, the chief financial officer directly owned 481,947 shares in the company, valued at approximately $14,545,160.46. The trade was a 3.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Diane R. Garrett sold 21,550 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $31.50, for a total value of $678,825.00. Following the transaction, the chief executive officer directly owned 928,352 shares of the company’s stock, valued at approximately $29,243,088. The trade was a 2.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 99,873 shares of company stock valued at $2,884,778. 0.77% of the stock is owned by corporate insiders.

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.