Tidal Investments LLC Buys Shares of 868,376 Hycroft Mining Holding Co. (NASDAQ:HYMC)

Tidal Investments LLC bought a new stake in shares of Hycroft Mining Holding Co. (NASDAQ:HYMC) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 868,376 shares of the company’s stock, valued at approximately $1,919,000. Tidal Investments LLC owned about 3.51% of Hycroft Mining at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its holdings in Hycroft Mining by 40.9% during the fourth quarter. Avantax Advisory Services Inc. now owns 31,000 shares of the company’s stock valued at $69,000 after buying an additional 9,000 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in Hycroft Mining during the fourth quarter valued at approximately $92,000. Northern Trust Corp increased its holdings in Hycroft Mining by 55.8% during the fourth quarter. Northern Trust Corp now owns 42,241 shares of the company’s stock valued at $93,000 after buying an additional 15,124 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Hycroft Mining by 14.8% during the fourth quarter. Renaissance Technologies LLC now owns 86,679 shares of the company’s stock valued at $192,000 after buying an additional 11,200 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Hycroft Mining by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 204,018 shares of the company’s stock valued at $451,000 after buying an additional 6,429 shares during the last quarter. 7.38% of the stock is owned by hedge funds and other institutional investors.

Hycroft Mining Trading Up 5.1%

Shares of HYMC stock opened at $3.10 on Friday. Hycroft Mining Holding Co. has a 12 month low of $1.95 and a 12 month high of $3.95. The stock has a market cap of $77.45 million, a P/E ratio of -1.46 and a beta of 2.34. The company has a 50 day simple moving average of $3.17 and a two-hundred day simple moving average of $2.64.

Hycroft Mining (NASDAQ:HYMC) last announced its earnings results on Tuesday, May 13th. The company reported ($0.47) EPS for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.04).

Hycroft Mining Company Profile

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 consists of 30 private parcels with patented claims comprising approximately 1,787 acres, and 3,247 unpatented mining claims that encompass approximately 62,298 acres located in the state of Nevada.