Hycroft Mining Holding Q1 EPS $(1.00) Misses $(0.60) Estimate
Portfolio Pulse from Benzinga Newsdesk
Hycroft Mining Holding (HYMC) reported Q1 losses of $(1.00) per share, missing the consensus estimate of $(0.60) by 66.67%. This represents a 42.86% increase in losses compared to $(0.70) per share from the same period last year.

May 07, 2024 | 12:43 pm
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NEGATIVE IMPACT
Hycroft Mining Holding reported a significant miss in Q1 earnings, with losses widening to $(1.00) per share from $(0.70) YOY.
The significant miss in earnings and the increase in losses compared to the same period last year are likely to negatively impact investor sentiment and the stock price of HYMC in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100