KD Logo

Stifel analysts initates a Buy rating for Hycroft Mining Holding Corporation (HYMC)

In a filing, Hycroft Mining Holding Corporation revealed its Director WIESHOFER MARNI unloaded Company’s shares for reported $4971.0 on Dec 05 ’24. In the deal valued at $2.21 per share,2,248 shares were sold. As a result of this transaction, WIESHOFER MARNI now holds 50,022 shares worth roughly $0.11 million.

Then, WIESHOFER FAM TRUST bought 2,248 shares, generating $4,971 in total proceeds.

Before that, RIDEOUT STANTON K sold 1,136 shares. Hycroft Mining Holding Corporation shares valued at $3,169 were divested by the Executive Vice President & CFO at a price of $2.79 per share. As a result of the transaction, RIDEOUT STANTON K now holds 148,059 shares, worth roughly $0.32 million.

Stifel initiated its Hycroft Mining Holding Corporation [HYMC] rating to a Buy in a research note published on October 23, 2020; the price target was $15.

Price Performance Review of HYMC

On Friday, Hycroft Mining Holding Corporation [NASDAQ:HYMC] saw its stock jump 0.47% to $2.15. Over the last five days, the stock has gained 2.38%. Hycroft Mining Holding Corporation shares have fallen nearly -2.71% since the year began. Nevertheless, the stocks have fallen -1.38% over the past one year. While a 52-week high of $4.65 was reached on 01/02/25, a 52-week low of $1.87 was recorded on 01/13/25. SMA at 50 days reached $2.25, while 200 days put it at $2.64.

Levels Of Support And Resistance For HYMC Stock

The 24-hour chart illustrates a support level at 2.09, which if violated will result in even more drops to 2.02. On the upside, there is a resistance level at 2.20. A further resistance level may holdings at 2.24. The Relative Strength Index (RSI) on the 14-day chart is 48.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.77%. Stochastics %K at 32.02% indicates the stock is a holding.

How much short interest is there in Hycroft Mining Holding Corporation?

A steep rise in short interest was recorded in Hycroft Mining Holding Corporation stocks on 2024-12-31, growing by 16099.0 shares to a total of 1.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.69 million shares. There was a rise of 0.94%, which implies that there is a positive sentiment for the stock.

Most Popular