Hycroft Mining (NASDAQ:HYMC) Announces Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Hycroft Mining (NASDAQ:HYMC) issued its earnings results on Tuesday. The company reported ($0.57) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.51) by ($0.06), Yahoo Finance reports.

Hycroft Mining Stock Down 5.8 %

Shares of HYMC traded down $0.13 during mid-day trading on Wednesday, hitting $2.12. 96,146 shares of the company traded hands, compared to its average volume of 321,959. Hycroft Mining has a 1 year low of $1.63 and a 1 year high of $4.65. The company has a quick ratio of 10.60, a current ratio of 10.89 and a debt-to-equity ratio of 11.27. The stock has a 50-day moving average price of $2.66 and a two-hundred day moving average price of $2.72.

About Hycroft Mining

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.