Hycroft Mining Holding Corporation (NASDAQ: HYMC) has experienced a rise in its stock price by 9.88 compared to its previous closing price of 3.24. However, the company has seen a fall of -2.20% 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?
HYMC has 36-month beta value of 2.06. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HYMC is 16.52M, and currently, short sellers hold a 9.43% ratio of that float. The average trading volume of HYMC on May 07, 2024 was 473.15K shares.
HYMC’s Market Performance
The stock of Hycroft Mining Holding Corporation (HYMC) has seen a -2.20% decrease in the past week, with a 13.02% rise in the past month, and a 89.36% gain in the past quarter. The volatility ratio for the week is 9.73%, and the volatility levels for the past 30 days are at 12.18% for HYMC. The simple moving average for the past 20 days is -1.06% for HYMC’s stock, with a 27.42% 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 24.79% 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 -28.73% of loss for the given period.
Volatility was left at 12.18%, however, over the last 30 days, the volatility rate increased by 9.73%, as shares surge +4.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +78.00% upper at present.
During the last 5 trading sessions, HYMC fell by -2.20%, which changed the moving average for the period of 200-days by -23.18% in comparison to the 20-day moving average, which settled at $3.61. In addition, Hycroft Mining Holding Corporation saw 45.31% 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 48.9. 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
To put it simply, Hycroft Mining Holding Corporation (HYMC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
