Hycroft Mining Holding Corporation

NasdaqCM:HYMC Stok Raporu

Piyasa değeri: US$3.2b

Hycroft Mining Holding Yönetim

Yönetim kriter kontrolleri 3/4

Hycroft Mining Holding CEO'su Diane Garrett, Sep2020 tarihinde atandı, in görev süresi 5.67 yıldır. in toplam yıllık tazminatı $ 1.67M olup, şirket hissesi ve opsiyonları dahil olmak üzere 35.9% maaş ve 64.1% ikramiyelerden oluşmaktadır. şirketin hisselerinin 0.23% ine doğrudan sahiptir ve bu hisseler $ 7.58M değerindedir. Yönetim ekibinin ve yönetim kurulunun ortalama görev süresi sırasıyla 3.5 yıl ve 5.3 yıldır.

Anahtar bilgiler

Diane Garrett

İcra Kurulu Başkanı

US$1.7m

Toplam tazminat

CEO maaş yüzdesi35.91%
CEO görev süresi5.7yrs
CEO sahipliği0.2%
Yönetim ortalama görev süresi3.5yrs
Yönetim Kurulu ortalama görev süresi5.3yrs

Son yönetim güncellemeleri

Recent updates

Analiz Makalesi • 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...
Analiz Makalesi • 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...
Analiz Makalesi • 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
Analiz Makalesi • 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.
Analiz Makalesi • 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...
Analiz Makalesi • 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...
Analiz Makalesi • 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...

CEO Tazminat Analizi

Diane Garrett'un ücretlendirmesi Hycroft Mining Holding'un kazancına kıyasla nasıl değişti?
TarihToplam TazminatMaaşŞirket Kazançları
Mar 31 2026n/an/a

-US$77m

Dec 31 2025US$2mUS$600k

-US$41m

Sep 30 2025n/an/a

-US$46m

Jun 30 2025n/an/a

-US$50m

Mar 31 2025n/an/a

-US$52m

Dec 31 2024US$1mUS$600k

-US$61m

Sep 30 2024n/an/a

-US$60m

Jun 30 2024n/an/a

-US$61m

Mar 31 2024n/an/a

-US$62m

Dec 31 2023US$2mUS$600k

-US$55m

Sep 30 2023n/an/a

-US$57m

Jun 30 2023n/an/a

-US$58m

Mar 31 2023n/an/a

-US$53m

Dec 31 2022US$2mUS$588k

-US$61m

Sep 30 2022n/an/a

-US$94m

Jun 30 2022n/an/a

-US$101m

Mar 31 2022n/an/a

-US$101m

Dec 31 2021US$2mUS$550k

-US$89m

Sep 30 2021n/an/a

-US$60m

Jun 30 2021n/an/a

-US$69m

Mar 31 2021n/an/a

-US$111m

Dec 31 2020US$2mUS$173k

-US$136m

Tazminat ve Piyasa: Diane 'nin toplam tazminatı ($USD 1.67M ), US pazarındaki benzer büyüklükteki şirketler için ortalamanın altındadır ($USD 7.18M ).

Tazminat ve Kazançlar: Diane şirketinin tazminatı, şirket kârsız olduğu sürece artırıldı.

CEO

Diane Garrett (65 yo)

5.7yrs
Görev süresi
US$1,670,806
Tazminat

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...

Liderlik Ekibi

İsimPozisyonGörev süresiTazminatSahiplik
Diane Garrett
President5.7yrsUS$1.67m0.23%
$ 7.6m
Stanton Rideout
Executive VP & CFO5.6yrsUS$1.03m0.068%
$ 2.2m
David Thomas
Senior VP of Operations & GM3.3yrsUS$659.51k0.019%
$ 601.0k
Rebecca Jennings
Senior VP3.6yrsUS$685.08k0.24%
$ 7.7m
Eric Colby
Executive Vice President of Corporate Developmentless than a yearVeri yokVeri yok
Alex Davidson
Vice President of Explorationno dataVeri yokVeri yok
Lily He
Vice President of Finance & Treasury3.3yrsVeri yokVeri yok
3.5yrs
Ortalama Görev Süresi
65yo
Ortalama Yaş

Deneyimli Yönetim: HYMC 'un yönetim ekibi deneyimli olarak değerlendirilmektedir (ortalama görev süresi 3.5 yıldır).

Yönetim Kurulu Üyeleri

İsimPozisyonGörev süresiTazminatSahiplik
Diane Garrett
President5.7yrsUS$1.67m0.23%
$ 7.6m
Stephen Lang
Independent Director5yrsUS$156.31k0.097%
$ 3.1m
David Naccarati
Independent Director5yrsUS$154.63k0.070%
$ 2.3m
Michael Harrison
Independent Director6yrsUS$142.50k0.071%
$ 2.3m
Thomas Weng
Independent Chairman of the Board6yrsUS$219.17k0.040%
$ 1.3m
Sean Goodman
Independent Director4.1yrsUS$145.25kVeri yok
5.3yrs
Ortalama Görev Süresi
62.5yo
Ortalama Yaş

Deneyimli Yönetim Kurulu: HYMC 'nin yönetim kurulu üyeleri deneyimli olarak kabul edilir (ortalama görev süresi 5.3 yıldır).

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/05/06 13:28
Gün Sonu Hisse Fiyatı2026/05/06 00:00
Kazançlar2026/03/31
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

Hycroft Mining Holding Corporation 15 Bu analistlerden 0, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

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