Hycroft Mining Holding Corporation

NasdaqCM:HYMC Aktierapport

Börsvärde: US$3.3b

Hycroft Mining Holding Utdelningar och återköp

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Hycroft Mining Holding har inte registrerat sig för att betala utdelning.

Viktig information

n/a

Avkastning på utdelning

-9.8%

Återköpsavkastning

Total avkastning till aktieägarna-9.8%
Framtida utdelningsavkastning0%
Utdelningstillväxtn/a
Nästa utbetalningsdag för utdelningn/a
Ex utdelningsdagn/a
Utdelning per aktien/a
Utdelningsandeln/a

Senaste utdelnings- och återköpsuppdateringar

Inga uppdateringar

Recent updates

Analysartikel Jul 13

Hycroft Mining Holding (NASDAQ:HYMC) Is Carrying A Fair Bit Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysartikel Apr 17

Hycroft Mining Holding Corporation's (NASDAQ:HYMC) Popularity With Investors Is Under Threat From Overpricing

When you see that almost half of the companies in the Metals and Mining industry in the United States have...
Analysartikel Dec 07

Hycroft Mining Holding (NASDAQ:HYMC) Has Debt But No Earnings; Should You Worry?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Aug 09

Hycroft Mining Seems To Be Stalling The Development Of Its Flagship Project

Hycroft Mining booked a loss from operations of $20.5 million in H1 2022, but it still had $157.8 million in the bank as of June. Yet, the company is focusing on drilling out the Hycroft Mine instead of proceeding to the construction stage. In my view, this is a sign that there is little confidence that technical challenges can be successfully overcome and is costing the company a lot of momentum. Introduction In March, I wrote a bearish article on a small gold miner named Hycroft Mining Holding Corporation (HYMC) in which I said that its shares seemed to have attracted significant retail investor interest and that the share price was likely to return to below $0.30 in the near future. Shortly after that, Hycroft Mining became a meme stock as movie theater chain AMC Entertainment (AMC) and mining investor Eric Sprott announced they are each investing $27.9 million in cash in Hycroft in exchange for 23,408,240 shares. In addition, AMC and Sprott each got 23.4 million warrants exercisable at $1.07 per share. This deal has strengthened the balance sheet of Hycroft Mining and the share price has been holding up above $1.00 since then. However, I think that the H1 2022 financial results of Hycroft Mining look underwhelming and that the company seems to be stalling the development of its flagship project. With momentum being lost, I think it's just a matter of time before its share price returns back below $0.30 per share. Let's review. Overview of the latest developments In case you haven't read my previous articles on Hycroft Mining, here's a quick description of the business. The company's main asset is a gold and silver project in the northern part of the state of Nevada named Hycroft Mine which has measured and indicated resources of 9.65 million ounces of gold and 446 million ounces of silver. However, you can notice from the table below that the grades are pretty low and that almost all of the material is sulfide, which is usually technically challenging to process. Hycroft Mining The company has a pre-commercial scale direct leaching run-of-mine ((ROM)) operation at the site which is expected to proceed through the end of 2022. In H1 2022, Hycroft Mine produced a total of 10,924 ounces of gold and 30,515 ounces of silver. However, this ROM operation is bringing in less and less revenue each quarter and is unprofitable at the moment. In H1 2022, Hycroft Mining sold 6,740 ounces of gold and 16,879 ounces of silver for $13 million but production and mine site period costs came in at $22.2 million. The loss from operations for the period was $20.5 million, which represents an increase of 10.6% year-on-year. In addition, Hycroft Mining had interest expenses of another $9.5 million. Hycroft Mining Looking at the future of the Hycroft Mine project, the company released a heap leaching feasibility study in 2019 which showed that a relatively modest initial CAPEX of about $230 million would deliver a mine with a net present value of over $2 billion at $1,300 per ounce of gold. At today's price of gold of around $1,800 per ounce, the NPV stands at around $4 billion. Hycroft Mining However, you should take these figures with a grain of salt. You see, refractory sulfide gold ores need to be processed using sophisticated treatment methods. Hycroft Mining's plan to solve this issue is to use iron (as ferric chloride) in the oxidation solutions but this is an unproven technology and there are several technical challenges that need to be addressed. Hycroft Mining In light of this, I find it unsurprising that Hycroft Mining is not proceeding with the construction of the mine despite finally having the funds to do so. You see, the company had $157.8 million in the bank as of June 2022 as it completed a $138.6 million at-the market equity offering program shortly after its deal with AMC and Sprott. Hycroft Mining Yet, Hycroft Mining's focus at the moment is on an exploration program that includes infill drilling as well as 100,000 feet of RC drilling and 25,000 feet of core drilling. I've never seen a mining company with a feasibility study stage project embark on such a large drilling program instead of proceeding to the construction phase which leads me to think that there is little confidence that the Hycroft Mine can be built and put into commercial operation without a hitch. Another issue for investors is that the market valuations of exploration and development stage mining companies are mainly driven by momentum, and this is being lost here. And it's not like Hycroft Mining can afford to delay the construction of its mine for long as almost all its debt has to be repaid in 2027. Hycroft Mining Overall, I think that Hycroft Mining is in trouble despite raising almost $200 million in equity over the past year as the company's annualized loss from operations is about $40 million and it doesn't seem to have the confidence in its technology to put the Hycroft Mine into commercial production. In my view, the most likely scenario at the moment is that Hycroft Mining continues to bleed cash over the next few years before getting into a liquidity crisis in 2027. With momentum gradually being lost, this could result in a significant decrease in the company's market valuation. I'm bearish on Hycroft Mining and data from Fintel shows that the short borrow fee rate stands at 8.92% as of the time of writing. However, hedging seems tough here as long-dated call options are expensive at the moment. Seeking Alpha
Analysartikel Jun 17

Is Hycroft Mining Holding (NASDAQ:HYMC) Using Debt Sensibly?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Seeking Alpha May 23

I Like Hycroft Mining, It's A Great Story

Hycroft is a great story and I like good stories. Bombed out mine to meme stock to AMC investment and then... Well, that's the thing, isn't it, what comes next?
Seeking Alpha 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.
Seeking Alpha Jul 07

Hycroft Mining Has A Lot Of Gold But There Are Many Red Flags

The company’s flagship project has reserves of 11.9 million ounces of gold and 478.5 million ounces of silver. The after-tax net present value is $2.1 billion at $1,300 per ounce of gold and more than $4 billion at today’s gold prices. However, the grades are very low and most of the remaining material is sulfide, which could lead to a lot of technical issues. Hycroft Mining also had a $116.8 million net debt as of March 2021 and the red flags seem too many. I think that the company is heading to a funding shortfall, which likely means stock dilution. I’m bearish.
Analysartikel Mar 25

Hycroft Mining Holding (NASDAQ:HYMC) Is Making Moderate Use Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysartikel Feb 10

Have Insiders Been Buying Hycroft Mining Holding Corporation (NASDAQ:HYMC) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
Analysartikel Dec 19

Loss-Making Hycroft Mining Holding Corporation (NASDAQ:HYMC) Expected To Breakeven In The Medium-Term

We feel now is a pretty good time to analyse Hycroft Mining Holding Corporation's ( NASDAQ:HYMC ) business as it...

Stabilitet och tillväxt i betalningar

Hämta utdelningsdata

Stabil utdelning: Otillräcklig data för att avgöra om HYMC s utdelningar per aktie har varit stabila tidigare.

Växande utdelning: Otillräcklig data för att avgöra om HYMC s utdelningsbetalningar har ökat.


Utdelningsavkastning jämfört med marknaden

Hycroft Mining Holding Utdelningsavkastning jämfört med marknaden
Hur är HYMC:s direktavkastning jämfört med marknaden?
SegmentUtdelningsavkastning
Företag (HYMC)n/a
Marknadens lägsta 25% (US)1.4%
Marknad Topp 25% (US)4.3%
Genomsnitt för branschen (Metals and Mining)1.5%
Prognosanalytiker (HYMC) (upp till 3 år)0%

Anmärkningsvärd utdelning: Det går inte att utvärdera HYMC s utdelningsavkastning mot de lägsta 25 % av utdelningsbetalarna, eftersom företaget inte har rapporterat några senaste utbetalningar.

Hög utdelning: Det går inte att utvärdera HYMC s utdelningsavkastning mot de översta 25 % av utdelningsbetalarna, eftersom företaget inte har rapporterat några senaste utbetalningar.


Vinstutdelning till aktieägarna

Resultattäckning: Otillräcklig data för att beräkna HYMC s utbetalningskvot för att avgöra om dess utdelningar täcks av intäkter.


Kontantutbetalning till aktieägarna

Kassaflödestäckning: Det går inte att beräkna hållbarheten för utdelningar eftersom HYMC inte har rapporterat några utbetalningar.


Upptäck bolag med stark utdelning

Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/18 01:48
Aktiekurs vid dagens slut2026/05/18 00:00
Intäkter2026/03/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Hycroft Mining Holding Corporation bevakas av 15 analytiker. 1 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
Michael KozakATB Cormark Historical (Cormark Securities)
Matthew MurphyBMO Capital Markets Equity Research
David Charles ForsterBofA Global Research