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HYMC

Hycroft Mining Holding NasdaqCM:HYMC Stock Report

Last Price

US$1.34

Market Cap

US$264.0m

7D

7.2%

1Y

-64.7%

Updated

17 May, 2022

Data

Company Financials +
HYMC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

HYMC Stock Overview

Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States.

Hycroft Mining Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hycroft Mining Holding
Historical stock prices
Current Share PriceUS$1.34
52 Week HighUS$4.19
52 Week LowUS$0.28
Beta1.86
1 Month Change-33.33%
3 Month Change244.03%
1 Year Change-64.74%
3 Year Change-86.75%
5 Year Changen/a
Change since IPO-86.03%

Recent News & Updates

Mar 11

Hycroft Mining - Retail Investor Interest Seems Misplaced And I'm Bearish

Gold prices are rising due to the Russia-Ukraine conflict and Hycroft Mining seems to have attracted significant retail investor interest. The company has over 22 million ounces of gold equivalent resources and its valuation has quintupled this week. However, Hycroft Mining has a high debt load and is in pre-commercial scale operations, which means that it’s in trouble financially and won’t benefit much from high gold prices. In my view, retail investors should eventually realize their mistake, or the company could take advantage of the situation and carry out a capital increase to strengthen its balance sheet.

Shareholder Returns

HYMCUS Metals and MiningUS Market
7D7.2%0.9%2.7%
1Y-64.7%-8.4%-8.1%

Return vs Industry: HYMC underperformed the US Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: HYMC underperformed the US Market which returned -10.8% over the past year.

Price Volatility

Is HYMC's price volatile compared to industry and market?
HYMC volatility
HYMC Average Weekly Movement78.1%
Metals and Mining Industry Average Movement10.1%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: HYMC is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 78% a week.

Volatility Over Time: HYMC's weekly volatility has increased from 40% to 78% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a102Diane Garretthttps://www.hycroftmining.com

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.

Hycroft Mining Holding Fundamentals Summary

How do Hycroft Mining Holding's earnings and revenue compare to its market cap?
HYMC fundamental statistics
Market CapUS$264.02m
Earnings (TTM)-US$100.94m
Revenue (TTM)US$100.86m

2.6x

P/S Ratio

-2.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HYMC income statement (TTM)
RevenueUS$100.86m
Cost of RevenueUS$149.92m
Gross Profit-US$49.05m
Other ExpensesUS$51.88m
Earnings-US$100.94m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.51
Gross Margin-48.63%
Net Profit Margin-100.07%
Debt/Equity Ratio140.7%

How did HYMC perform over the long term?

See historical performance and comparison

Valuation

Is Hycroft Mining Holding undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


2.66x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HYMC's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate HYMC's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: HYMC is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.

PE vs Market: HYMC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HYMC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HYMC is overvalued based on its PB Ratio (2.7x) compared to the US Metals and Mining industry average (2x).


Future Growth

How is Hycroft Mining Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


98.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HYMC is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: HYMC is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: HYMC is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: HYMC's revenue is expected to decline over the next 3 years (-115.9% per year).

High Growth Revenue: HYMC's revenue is forecast to decline over the next 3 years (-115.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HYMC is forecast to be unprofitable in 3 years.


Past Performance

How has Hycroft Mining Holding performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-5.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HYMC is currently unprofitable.

Growing Profit Margin: HYMC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HYMC is unprofitable, and losses have increased over the past 5 years at a rate of 5% per year.

Accelerating Growth: Unable to compare HYMC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HYMC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (98.2%).


Return on Equity

High ROE: HYMC has a negative Return on Equity (-101.66%), as it is currently unprofitable.


Financial Health

How is Hycroft Mining Holding's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: HYMC's short term assets ($190.3M) exceed its short term liabilities ($15.3M).

Long Term Liabilities: HYMC's short term assets ($190.3M) exceed its long term liabilities ($178.8M).


Debt to Equity History and Analysis

Debt Level: HYMC has more cash than its total debt.

Reducing Debt: HYMC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: HYMC has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: HYMC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 13.6% each year


Dividend

What is Hycroft Mining Holding current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate HYMC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HYMC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HYMC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HYMC's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as HYMC has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Diane Garrett (61 yo)

1.67yrs

Tenure

US$1,671,060

Compensation

Dr. Diane Renee Garrett, MA, M.Sc., Ph D., Mineral Economics, Eng., serves as director at Hycroft Mining Holding Corporation since September 8, 2020. She has been Chief Executive Officer and President of H...


CEO Compensation Analysis

Compensation vs Market: Diane's total compensation ($USD1.67M) is about average for companies of similar size in the US market ($USD1.68M).

Compensation vs Earnings: Diane's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HYMC's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: HYMC's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 228.9%.


Top Shareholders

Company Information

Hycroft Mining Holding Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Hycroft Mining Holding Corporation
  • Ticker: HYMC
  • Exchange: NasdaqCM
  • Founded: NaN
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: US$264.020m
  • Shares outstanding: 197.03m
  • Website: https://www.hycroftmining.com

Number of Employees


Location

  • Hycroft Mining Holding Corporation
  • Unit 1
  • 4300 Water Canyon Road
  • Winnemucca
  • Nevada
  • 89445
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.