Virtu Financial LLC Purchases 10,228 Shares of Hycroft Mining Holding Co. (NASDAQ:HYMC)

Virtu Financial LLC boosted its position in Hycroft Mining Holding Co. (NASDAQ:HYMC) by 59.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 27,305 shares of the company’s stock after buying an additional 10,228 shares during the quarter. Virtu Financial LLC’s holdings in Hycroft Mining were worth $68,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Waldron Private Wealth LLC raised its position in shares of Hycroft Mining by 58.2% during the 2nd quarter. Waldron Private Wealth LLC now owns 24,129 shares of the company’s stock valued at $58,000 after acquiring an additional 8,881 shares during the last quarter. Fore Capital LLC bought a new position in shares of Hycroft Mining in the 2nd quarter worth $96,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Hycroft Mining during the second quarter worth $139,000. Renaissance Technologies LLC increased its holdings in Hycroft Mining by 95.1% in the second quarter. Renaissance Technologies LLC now owns 74,279 shares of the company’s stock valued at $178,000 after purchasing an additional 36,200 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Hycroft Mining by 12.7% in the third quarter. Geode Capital Management LLC now owns 197,589 shares of the company’s stock valued at $494,000 after buying an additional 22,302 shares during the period. 7.38% of the stock is currently owned by institutional investors and hedge funds.

Hycroft Mining Stock Performance

Hycroft Mining stock opened at $2.06 on Friday. The business has a 50-day moving average of $2.38 and a 200-day moving average of $2.43. Hycroft Mining Holding Co. has a 1 year low of $1.87 and a 1 year high of $4.65.

Hycroft Mining (NASDAQ:HYMC) last issued its quarterly earnings data on Tuesday, November 5th. The company reported ($0.59) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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.