Geode Capital Management LLC Purchases 22,302 Shares of Hycroft Mining Holding Co. (NASDAQ:HYMC)

Geode Capital Management LLC grew its position in shares of Hycroft Mining Holding Co. (NASDAQ:HYMC) by 12.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 197,589 shares of the company’s stock after buying an additional 22,302 shares during the period. Geode Capital Management LLC owned 0.80% of Hycroft Mining worth $494,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Waldron Private Wealth LLC lifted its holdings in Hycroft Mining by 37.0% during the third quarter. Waldron Private Wealth LLC now owns 33,060 shares of the company’s stock valued at $83,000 after purchasing an additional 8,931 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in Hycroft Mining in the 2nd quarter valued at $139,000. Finally, Renaissance Technologies LLC increased its stake in Hycroft Mining by 95.1% in the 2nd quarter. Renaissance Technologies LLC now owns 74,279 shares of the company’s stock worth $178,000 after acquiring an additional 36,200 shares during the last quarter. Institutional investors own 7.38% of the company’s stock.

Hycroft Mining Price Performance

Shares of NASDAQ HYMC opened at $2.10 on Friday. The business has a 50-day moving average of $2.26 and a 200-day moving average of $2.37. Hycroft Mining Holding Co. has a 12 month low of $1.87 and a 12 month high of $4.65.

Hycroft Mining (NASDAQ:HYMC) last issued its quarterly earnings results on Tuesday, November 5th. The company reported ($0.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.49) by ($0.10).

Hycroft Mining 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.