Hycroft Mining Holding Corporation (HYMC): What Does Valuation Ratios Tell Us?

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Hycroft Mining Holding Corporation (NASDAQ:HYMC) saw a downside of -2.06% to close Tuesday at $0.62 after subtracting -$0.02 on the day. The 5-day average trading volume is 1,922,640 shares of the company’s common stock. It has gained $0.6974 in the past week and touched a new high 1 time within the past 5 days. An average of 1,949,090 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,242,188.

HYMC’s 1-month performance is 20.71% or $0.1080 on its low of $0.4706 reached on 12/29/22. The company’s shares have touched a 52-week low of $0.28 and high of $3.10, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, HYMC has achieved 17.21% or $0.0916 and has reached a new high 5 times. However, the current price is down -79.88% from the 52-week high price.


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Insider Transactions

HYMC stock investors last saw insider trading activity on Jan 20.Mudrick Capital Management, L. (10% Owner) most recently sold 335,393 shares at $0.63 per share on Jan 20. This transaction cost the insider $210,895. 10% Owner, Mudrick Capital Management, L., sold 308,013 shares at a price of $0.63 on Jan 19. Then, on Jan 18, 10% Owner Mudrick Capital Management, L. sold 242,734 shares at a price of $0.67 per share. This transaction amounted to $163,069.

Valuation Metrics

HYMC stock has a beta of 1.92. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.69 while the price-to-book (PB) in the most recent quarter is 1.64.

Hycroft Mining Holding Corporation’s quick ratio for the period ended September 29 was 9.20, with the current ratio over the same period at 9.90. As well, the company’s long term debt to equity for the quarter ending September 29 was 1.87, while the total debt to equity was 1.90.. In terms of profitability, the gross margin trailing 12 months is -70.20%. The firm’s gross profit as reported stood at -$52.6 million against revenue of $110.73 million.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -46.44% to -$15.85 million, while revenue of -$8.98 million was 43.34% off the previous quarter. Analysts expected HYMC to announce -$0.01 per share in earnings in its latest quarter, but it posted -$0.08, representing a -700.00% surprise. EBITDA for the quarter stood at more than -$11.6 million. HYMC stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 196.33 million, with total debt at $144.86 million. Shareholders hold equity totaling $199.77 million.

Let’s look briefly at Hycroft Mining Holding Corporation (HYMC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 51.71% to suggest the stock is trending Neutral, with historical volatility in this time period at 66.22%.

The stock’s 5-day moving average is $0.6304, reflecting a -8.87% or -$0.0607 change from its current price. HYMC is currently trading +25.97% above its 20-day SMA, -13.02% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -12.40% and SMA200 by-70.30%.

Stochastic %K and %D was 54.86% and 59.16% and the average true range (ATR) pointed at 0.0488. The RSI (14) points at 52.13%, while the 14-day stochastic is at 47.02% with the period’s ATR at 0.0511. The stock’s 9-day MACD Oscillator is pointing at -0.0172 and -0.0019 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Hycroft Mining Holding Corporation (NASDAQ: HYMC), Stifel launched coverage with a Buy rating. Analysts offering their rating for HYMC stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate HYMC as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.

What is HYMC’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $13.00 and a high of $13.00, with their median price target at $13.00. Looking at these predictions, the average price target given by analysts is for Hycroft Mining Holding Corporation (HYMC) stock is $13.00.

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