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Mudrick Capital Management, L. Sells 245,859 Shares of Hycroft Mining Holding Co. (NASDAQ:HYMCL) Stock

Defense World ·  Feb 4, 2023 18:41

Hycroft Mining Holding Co. (NASDAQ:HYMCL – Get Rating) major shareholder Mudrick Capital Management, L. sold 245,859 shares of Hycroft Mining stock in a transaction that occurred on Wednesday, February 1st. The stock was sold at an average price of $0.59, for a total transaction of $145,056.81. Following the transaction, the insider now directly owns 14,947,116 shares in the company, valued at approximately $8,818,798.44. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Mudrick Capital Management, L. also recently made the following trade(s):

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  • On Monday, January 30th, Mudrick Capital Management, L. sold 300,000 shares of Hycroft Mining stock. The shares were sold at an average price of $0.58, for a total transaction of $174,000.00.
  • On Friday, January 27th, Mudrick Capital Management, L. sold 155,557 shares of Hycroft Mining stock. The shares were sold at an average price of $0.57, for a total transaction of $88,667.49.
  • On Wednesday, January 25th, Mudrick Capital Management, L. sold 300,000 shares of Hycroft Mining stock. The shares were sold at an average price of $0.62, for a total transaction of $186,000.00.
  • On Monday, January 23rd, Mudrick Capital Management, L. sold 300,000 shares of Hycroft Mining stock. The stock was sold at an average price of $0.63, for a total transaction of $189,000.00.
  • On Friday, January 20th, Mudrick Capital Management, L. sold 335,393 shares of Hycroft Mining stock. The stock was sold at an average price of $0.63, for a total transaction of $211,297.59.
  • On Wednesday, January 18th, Mudrick Capital Management, L. sold 242,734 shares of Hycroft Mining stock. The shares were sold at an average price of $0.67, for a total value of $162,631.78.
  • On Wednesday, December 14th, Mudrick Capital Management, L. sold 306,391 shares of Hycroft Mining stock. The shares were sold at an average price of $0.50, for a total transaction of $153,195.50.
  • On Monday, December 12th, Mudrick Capital Management, L. sold 500,000 shares of Hycroft Mining stock. The shares were sold at an average price of $0.52, for a total transaction of $260,000.00.
  • On Thursday, December 8th, Mudrick Capital Management, L. sold 500,000 shares of Hycroft Mining stock. The stock was sold at an average price of $0.52, for a total value of $260,000.00.

Hycroft Mining Price Performance

Shares of HYMCL opened at $0.08 on Friday. Hycroft Mining Holding Co. has a 12-month low of $0.04 and a 12-month high of $0.80.

About Hycroft Mining

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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 covers an area of approximately 70,671 acres located in the state of Nevada. As of December 31, 2021, its Hycroft mine had measured and indicated mineral resources of 9.6 million ounces of gold, and 446.0 million ounces of silver.

Further Reading

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