Streetbeat News

HYMC

Hycroft Mining Holding Corporation

https://www.hycroftmining.com

Industry

Gold

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. Hycroft Mining Holding Corporation is headquartered in Winnemucca, Nevada.

Open

2.25

Mkt cap

55M

Volume

52K

High

2.30

P/E Ratio

-0.89

52-wk high

4.65

Low

2.25

Div yield

N/A

52-wk low

1.63

Silver mining stocks and ETFs have experienced their best weekly performance since April 2020, driven by rising gold prices, expectations of a Federal Reserve interest rate cut, and a global silver supply shortage. Notable ETFs like iShares MSCI Global Silver Miners Fund (SLVP) and Global X Silver Miners ETF (SIL) saw significant gains. Top-performing miners include Coeur Mining, Gatos Silver, and Hecla Mining.

Portfolio Pulse from Piero Cingari

September 13, 2024 | 8:02 pm

Precious metals stocks are experiencing a rise as gold and silver prices increase due to a decline in the US dollar, influenced by recent economic data.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 3:20 pm

Citi forecasts a 20-25% increase in lithium prices over the next 2-3 months due to supply curtailment and short covering. This could impact companies involved in lithium production and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 6:18 pm

Hycroft Mining Holding (NASDAQ:HYMC) reported a Q2 EPS of $(0.57), missing the analyst consensus estimate of $(0.51) by 11.76%. This represents an 18.57% improvement over the $(0.70) loss per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:17 pm

Hycroft Mining has announced that it may offer and sell Class A common stock with an offering price of up to $100 million through or to an agent.

Portfolio Pulse from Charles Gross

May 15, 2024 | 10:15 am

Gatos Silver reported a slight increase in revenue but a decrease in net income and EBITDA for Q1. Hycroft Mining highlighted a new high-grade silver discovery and financial growth. ZK International closed a $5M financing at a premium, and Grupo Simec reported a significant decrease in net sales and profitability for the year.

Portfolio Pulse from austin@walkonholdings.com

May 07, 2024 | 8:28 pm

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.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:43 pm

Anglo American (OTC:AAUKF) rejected a $39-billion takeover bid from BHP Group (NYSE:BHP), citing it as undervalued. Gatos Silver Inc (NYSE:GATO) reported promising mineral findings in Mexico. IperionX ADR (NASDAQ:IPX) installed a new titanium furnace in Virginia, aiming for efficient titanium production. Hycroft Mining Holding Corporation (NASDAQ:HYMC) will join the Solactive Global Silver Miners Total Returns Index, recognizing its significant silver mining operations.

Portfolio Pulse from austin@walkonholdings.com

April 26, 2024 | 8:53 pm

Hycroft Mining Holding (NYSE:HYMC) has seen a 10.61% increase in short percent of float since its last report, with 1.05 million shares sold short, representing 5.63% of available shares. This indicates a bearish market sentiment towards HYMC, although it's noted that an increase in short interest can sometimes be bullish. HYMC's short interest is higher than its peer group average of 2.42%.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 3:00 pm

NextPlat Corp (NASDAQ:NXPL) shares surged approximately 30% in pre-market trading after announcing a 222% year-over-year increase in consolidated 2023 revenues, reaching $37.8 million. Other stocks also showed significant movement in pre-market trading, with notable gainers including Allarity Therapeutics, PaxMedica, OncoCyte Corporation, and Zapata Computing Holdings, among others. Conversely, several stocks experienced declines, such as Motus GI Holdings, Rent the Runway, and Kazia Therapeutics, driven by various company-specific news and market reactions.

Portfolio Pulse from Avi Kapoor

April 12, 2024 | 9:32 am

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