Geode Capital Management LLC Buys 22,302 Shares of Hycroft Mining Holding Co. (NASDAQ:HYMC)

Geode Capital Management LLC raised its position in shares of Hycroft Mining Holding Co. (NASDAQ:HYMC) by 12.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 197,589 shares of the company’s stock after acquiring an additional 22,302 shares during the period. Geode Capital Management LLC’s holdings in Hycroft Mining were worth $494,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HYMC. Waldron Private Wealth LLC grew its stake in Hycroft Mining by 37.0% in the third quarter. Waldron Private Wealth LLC now owns 33,060 shares of the company’s stock worth $83,000 after purchasing an additional 8,931 shares during the period. Cubist Systematic Strategies LLC purchased a new position in Hycroft Mining during the 2nd quarter valued at about $139,000. Finally, Renaissance Technologies LLC boosted its stake in Hycroft Mining by 95.1% during the second quarter. Renaissance Technologies LLC now owns 74,279 shares of the company’s stock worth $178,000 after acquiring an additional 36,200 shares in the last quarter. Hedge funds and other institutional investors own 7.38% of the company’s stock.

Hycroft Mining Stock Up 1.4 %

Shares of NASDAQ HYMC opened at $2.10 on Friday. The company has a 50 day simple moving average of $2.26 and a two-hundred day simple moving average of $2.37. Hycroft Mining Holding Co. has a fifty-two week low of $1.87 and a fifty-two week high of $4.65.

Hycroft Mining (NASDAQ:HYMC) last announced 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).

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.