The price of Hycroft Mining Holding Corporation (NASDAQ:HYMC) shares last traded on Wall Street fell -4.63% to $2.47.
HYMC stock price is now -27.49% away from the 50-day moving average and -8.03% away from the 200-day moving average. The market capitalization of the company currently stands at $57.06M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $15, Stifel recently initiated with Buy rating for Hycroft Mining Holding Corporation (NASDAQ: HYMC).
In other news, Thomas David Brian, SVP, General Manager sold 1,800 shares of the company’s stock on Jun 10 ’24. The stock was sold for $5,094 at an average price of $2.83. Upon completion of the transaction, the SVP, General Manager now directly owns 42,752 shares in the company, valued at $0.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 02 ’24, President & CEO GARRETT DIANE R sold 6,791 shares of the business’s stock. A total of $23,218 was realized by selling the stock at an average price of $3.42. This leaves the insider owning 256,471 shares of the company worth $0.63 million. A total of 19.94% of the company’s stock is owned by insiders.
During the past 12 months, Hycroft Mining Holding Corporation has had a low of $1.63 and a high of $4.99. The fifty day moving average price for HYMC is $3.3879 and a two-hundred day moving average price translates $2.680475 for the stock.
The latest earnings results from Hycroft Mining Holding Corporation (NASDAQ: HYMC) was released for 2024-03-31. According to the Gold Company, earnings per share came in at -0.7, missing analysts’ expectations of -0.1 by -0.6. This compares to -$0.69 EPS in the same period last year. The company reported revenue of $2.61 million for the quarter, compared to $0.72 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 263.09 percent.
