The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Hycroft Mining Holding Corporation shares valued at $3,169 were sold by RIDEOUT STANTON K on Oct 23 ’24. At $2.79 per share, RIDEOUT STANTON K sold 1,136 shares. The insider’s holdings dropped to 148,059 shares worth approximately $0.36 million following the completion of this transaction.
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Also, GARRETT DIANE R sold 3,828 shares, netting a total of over 9,306 in proceeds. Following the sale of shares at $2.43 each, the insider now holds 252,643 shares.
Before that, Thomas David Brian had sold 1,800 shares from its account. In a trade valued at $5,094, the SVP, General Manager traded Hycroft Mining Holding Corporation shares for $2.83 each. Upon closing the transaction, the insider’s holdings decreased to 1,800 shares, worth approximately $0.11 million.
As published in their initiating research note from Stifel on October 23, 2020, Hycroft Mining Holding Corporation [HYMC] has been a Buy and the price target has been revised to $15.
Analyzing HYMC Stock Performance
During the last five days, there has been a surge of approximately 7.42%. Over the course of the year, Hycroft Mining Holding Corporation shares have jumped approximately 0.41%. Shares of the company reached a 52-week high of $4.65 on 04/12/24 and a 52-week low of $1.87 on 02/29/24. A 50-day SMA is recorded $2.44, while a 200-day SMA reached $2.63. Nevertheless, trading volume fell to 0.55 million shares from 0.25 million shares the previous day.
Support And Resistance Levels for Hycroft Mining Holding Corporation (HYMC)
According to the 24-hour chart, there is a support level at 2.29, which, if violated, would cause prices to drop to 2.12. In the upper region, resistance lies at 2.59. The next price resistance is at 2.72. RSI (Relative Strength Index) is 51.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.03, which suggests the price will decrease in the coming days. Percent R is at 39.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
