The stock of Hycroft Mining Holding Corporation (NASDAQ: HYMC) has increased by 19.89 when compared to last closing price of 3.39.Despite this, the company has seen a gain of 24.85% in its stock price over the last five trading days. Market Watch reported 2024-04-08 that AMC Entertainment Holdings Inc. CEO Adam Aron’s compensation package increased to $25.4 million in 2023, from $23.7 million in 2022 and $18.9 million in 2021, according to a proxy statement filed with the SEC Friday.
Is It Worth Investing in Hycroft Mining Holding Corporation (NASDAQ: HYMC) Right Now?
The 36-month beta value for HYMC is at 2.09. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HYMC is 16.52M, and currently, shorts hold a 6.34% of that float. The average trading volume for HYMC on April 11, 2024 was 284.29K shares.
HYMC’s Market Performance
HYMC’s stock has seen a 24.85% increase for the week, with a 81.70% rise in the past month and a 68.19% gain in the past quarter. The volatility ratio for the week is 14.61%, and the volatility levels for the past 30 days are at 10.99% for Hycroft Mining Holding Corporation The simple moving average for the past 20 days is 51.21% for HYMC’s stock, with a 45.98% simple moving average for the past 200 days.
Analysts’ Opinion of HYMC
Many brokerage firms have already submitted their reports for HYMC stocks, with Stifel repeating the rating for HYMC by listing it as a “Buy.” The predicted price for HYMC in the upcoming period, according to Stifel is $15 based on the research report published on October 23, 2020 of the previous year 2020.
HYMC Trading at 77.29% from the 50-Day Moving Average
After a stumble in the market that brought HYMC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.58% of loss for the given period.
Volatility was left at 10.99%, however, over the last 30 days, the volatility rate increased by 14.61%, as shares surge +72.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +105.64% upper at present.
During the last 5 trading sessions, HYMC rose by +23.00%, which changed the moving average for the period of 200-days by +29.14% in comparison to the 20-day moving average, which settled at $2.78. In addition, Hycroft Mining Holding Corporation saw 66.13% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HYMC starting from GARRETT DIANE R, who sale 67,629 shares at the price of $0.34 back on Jun 05 ’23. After this action, GARRETT DIANE R now owns 2,125,447 shares of Hycroft Mining Holding Corporation, valued at $23,129 using the latest closing price.
RIDEOUT STANTON K, the Executive Vice President & CFO of Hycroft Mining Holding Corporation, sale 45,621 shares at $0.34 during a trade that took place back on Jun 05 ’23, which means that RIDEOUT STANTON K is holding 1,099,177 shares at $15,602 based on the most recent closing price.
Stock Fundamentals for HYMC
Current profitability levels for the company are sitting at:
- -3.73 for the present operating margin
- -0.39 for the gross margin
The net margin for Hycroft Mining Holding Corporation stands at -4.47. The total capital return value is set at -0.28. Equity return is now at value -144.87, with -24.42 for asset returns.
Based on Hycroft Mining Holding Corporation (HYMC), the company’s capital structure generated 0.86 points at debt to capital in total, while cash flow to debt ratio is standing at -0.29. The debt to equity ratio resting at 6.31. The interest coverage ratio of the stock is -12.64.
Currently, EBITDA for the company is -51.35 million with net debt to EBITDA at -0.68. When we switch over and look at the enterprise to sales, we see a ratio of 58.8. The receivables turnover for the company is 7.47for trailing twelve months and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.67.
Conclusion
In conclusion, Hycroft Mining Holding Corporation (HYMC) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
