How to Buy Hycroft Mining Holding Stock
Hycroft Mining Holding Corp
Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States.
Hycroft Mining Holding stock last closed at $3.74, down 3.11% from the previous day, and has decreased 1.97% in one year. It has overperformed other stocks in the Gold industry by 0.08 percentage points. Hycroft Mining Holding stock is currently +129.45% from its 52-week low of $1.63, and -25.13% from its 52-week high of $5.00.
There are currently 21.01M shares of HYMC outstanding. The market cap of HYMC is $78.56M. In the past 24 hours, 251,618 HYMC shares were traded.
How to Buy Hycroft Mining Holding Stock
Not sure how to invest in Hycroft Mining Holding stock? Here's how.
- Figure out where to buy Hycroft Mining Holding stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Hycroft Mining Holding stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Analyze Hycroft Mining Holding stock: The Hycroft Mining Holding ticker symbol is HYMC. Is Hycroft Mining Holding stock a good investment? Should you buy shares of HYMC? How do HYMC's underlying business fundamentals look? Do top analysts think Hycroft Mining Holding is a good buy? Why has HYMC's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if HYMC is a good stock to buy).
- Execute your HYMC trade: Decide if you will purchase HYMC shares at the current market price or use a limit order to purchase HYMC stock at a given price.
- Get updates on your HYMC position: Create a watchlist to watch your new investment in Hycroft Mining Holding shares.
Step 1: Figure out where to buy Hycroft Mining Holding stock
You will need an online brokerage account to access the NASDAQ market and buy HYMC stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you can invest in HYMC today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create your new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on stock market apps, you can securely and quickly fund your account:
Check out the video below to see the process of transferring money into your new investment account.
Step 4: Analyze Hycroft Mining Holding stock
Once you have figured out the best place to buy Hycroft Mining Holding stock, it's important to analyze their stock before you invest, so you truly understand the risk and upside.
Hycroft Mining Holding Metrics
HYMC Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on HYMC's stock page.
Is HYMC stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge HYMC's fair value.
Using relative valuations methods:
- HYMC could be overvalued based on its P/B ratio of 6.21x, relative to Gold industry P/B ratio of 1.68x
You can do additional valuation analysis on HYMC's stock here.
A look at HYMC Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- HYMC has $132.55M in cash and short term investments. This is sufficient to cover its annual cash burn of $42.52M.
- HYMC has cash burn of 42518000. It has enough cash and short-term investments to cover this for at least one year.
- Total HYMC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the HYMC balance sheet.
Failed Financial Due Diligence Checks:
- HYMC has a relatively high debt to equity ratio of 14.94.
- There are more long-term liabilities than short-term assets on the HYMC balance sheet.
HYMC Technicals
HYMC Earnings
Last year, HYMC revenue was $0.00. Over the past 4 year, HYMC's revenue has increased by -100% per year. This was slower than the Gold industry average of 15.84%.
You can analyze HYMC's earnings and revenue performance here.
Are HYMC insiders buying or selling the stock?
In the past year, insiders at HYMC have sold more shares than they have bought.
Diane R. Garrett, President CEO of HYMC, was the latest HYMC insider to sell. They sold $23,129.12 worth of HYMC shares on Jun 5, 2023.
Dig into more about who owns HYMC stock here.
Can I rely on HYMC as an income stream?
No, Hycroft Mining Holding doesn't provide an income stream by paying out dividends.
What do other investors have to say about HYMC?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your HYMC trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you want additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your HYMC position
Now that you own some shares in HYMC, you'll want to keep up with your shares.
Add HYMC to a watchlist to get notified of the latest news about your HYMC stock.
HYMC Feed
How to Buy Stock in Hycroft Mining Holding
To reiterate, here are the 6 steps you need to take to buy Hycroft Mining Holding stock right now:
- Figure out where to buy Hycroft Mining Holding stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Analyze Hycroft Mining Holding stock
- Execute your HYMC trade
- Get updates on your HYMC position
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Hycroft Mining Holding, add HYMC to your watchlist by clicking the button below.
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