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

Virtu Financial LLC boosted its holdings in Hycroft Mining Holding Co. (NASDAQ:HYMC) by 59.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,305 shares of the company’s stock after acquiring an additional 10,228 shares during the quarter. Virtu Financial LLC owned 0.11% of Hycroft Mining worth $68,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Waldron Private Wealth LLC grew its position in Hycroft Mining by 58.2% in the second 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 period. Fore Capital LLC bought a new stake in shares of Hycroft Mining in the 2nd quarter worth about $96,000. Renaissance Technologies LLC increased its position in shares of Hycroft Mining by 95.1% during the 2nd quarter. Renaissance Technologies LLC now owns 74,279 shares of the company’s stock worth $178,000 after purchasing an additional 36,200 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Hycroft Mining during the 2nd quarter worth about $139,000. Finally, Geode Capital Management LLC lifted its holdings in Hycroft Mining by 12.7% during the 3rd quarter. Geode Capital Management LLC now owns 197,589 shares of the company’s stock valued at $494,000 after purchasing an additional 22,302 shares during the last quarter. Institutional investors and hedge funds own 7.38% of the company’s stock.

Hycroft Mining Stock Up 1.5 %

Shares of Hycroft Mining stock opened at $2.06 on Friday. Hycroft Mining Holding Co. has a 1-year low of $1.87 and a 1-year high of $4.65. The firm’s 50-day moving average price is $2.38 and its two-hundred day moving average price is $2.43.

Hycroft Mining (NASDAQ:HYMC) last released its quarterly earnings results on Tuesday, November 5th. The company reported ($0.59) EPS for the quarter, missing analysts’ consensus estimates of ($0.49) by ($0.10).

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.