Hycroft Mining Holding (HYMC) AI Stock Analysis

• Market Cap: $76.45M
• Dividend Yield: N/A
• Average Volume (3M): 196.73K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.92
• Revenue Growth: N/A
• EPS Growth: 1.67%
• Country: US
• Employees: 56
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): -2.67
• Shares Outstanding: 24,983,358
• 10 Day Avg. Volume: 287,214
• 30 Day Avg. Volume: 196,733
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -2.50
• P/FCF Ratio: 5.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Hycroft Mining faces substantial financial challenges with negative equity and persistent losses, significantly impacting its stock score. However, strong technical momentum and promising silver findings provide some positive outlook, though the valuation remains unattractive due to ongoing losses.

Hycroft Mining Holding Business Overview & Revenue Model

Company Description

Hycroft Mining Holding (HYMC) is a US-based mining company primarily engaged in the exploration, mining, and production of gold and silver. The company operates the Hycroft Mine located in the prolific mining region of Northern Nevada. Hycroft Mining focuses on leveraging its mineral-rich assets to produce precious metals while maintaining a commitment to sustainable and environmentally conscious mining practices.

How the Company Makes Money

Hycroft Mining primarily makes money through the extraction and sale of gold and silver from its mining operations. The company generates revenue by selling the extracted precious metals in the global commodities market. The pricing of these metals is subject to market fluctuations, which can significantly impact revenue. Additionally, the company's earnings are influenced by its ability to efficiently manage production costs, optimize mining processes, and maintain favorable partnerships with suppliers and distributors. Any joint ventures, long-term supply contracts, or hedging strategies also play a role in stabilizing their revenue streams.

Hycroft Mining Holding Financial Statement Overview

Summary

Hycroft Mining Holding is experiencing financial distress, with significant revenue declines, negative margins, and a negative equity position, indicating severe operational and profitability issues.

Income Statement

Hycroft Mining Holding's income statement reflects significant financial challenges. The company has experienced consistent revenue declines, with total revenue at zero in the most recent year compared to $33.2 million in 2022. The gross profit margin and net profit margin are non-existent due to the lack of revenue. EBIT and EBITDA margins are negative, highlighting ongoing operational losses. The absence of revenue growth and persistent losses signify a dire financial position.

Balance Sheet

The balance sheet of Hycroft Mining reveals a precarious financial structure. The stockholders' equity has turned negative, indicating a situation where liabilities exceed assets. The debt-to-equity ratio is not calculable due to negative equity, but the significant liabilities underscore high financial leverage. The company’s equity ratio is negative, further emphasizing financial instability and risk.

Cash Flow

The cash flow statement shows negative operating cash flows, with a free cash flow that remains negative and deteriorating. Despite a slight improvement in free cash flow from 2023 to 2024, the company’s inability to generate positive cash flow from operations is concerning. The free cash flow to net income ratio remains unfavorable, indicating operational inefficiencies and liquidity challenges.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	33.23M	110.73M	47.04M
	Gross Profit
0.00	-33.02M	-20.36M	-52.60M	-62.58M
	EBIT
-43.82M	-45.55M	-53.49M	-83.91M	-89.37M
	EBITDA
-41.06M	-32.66M	-38.58M	-60.55M	-86.47M
	Net Income Common Stockholders
-60.90M	-55.02M	-68.17M	-88.56M	-174.16M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
50.01M	106.21M	141.98M	12.34M	56.36M
	Total Assets
140.13M	201.69M	248.95M	142.32M	232.63M
	Total Debt
125.01M	144.98M	135.03M	160.64M	147.78M
	Net Debt
75.45M	38.77M	-6.96M	148.30M	91.42M
	Total Liabilities
173.55M	189.04M	185.65M	210.82M	200.68M
	Stockholders Equity
-33.41M	12.66M	63.31M	-68.49M	31.94M
Cash Flow		Free Cash Flow
-37.15M	-42.52M	-35.81M	-44.03M	-143.95M
	Operating Cash Flow
-35.90M	-41.45M	-34.85M	-37.04M	-110.51M
	Investing Cash Flow
6.33M	-507.00K	8.34M	-6.87M	-31.12M
	Financing Cash Flow
-25.92M	-1.46M	155.85M	-5.49M	188.71M

Hycroft Mining Holding Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HYMC, the sentiment is Positive. The current price of 3.06 is above the 20-day moving average (MA) of 2.94, above the 50-day MA of 2.63, and above the 200-day MA of 2.45, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 53.38 is Neutral, neither overbought nor oversold. The STOCH value of 47.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HYMC.

Hycroft Mining Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
K	80 Outperform	$22.00B	16.90	14.66%	0.97%	23.38%	131.87%
AEM	80 Outperform	$77.35B	29.61	9.42%	1.49%	26.99%	-6.63%
ABX	73 Outperform	$47.19B	16.32	9.00%	2.12%	15.40%	72.49%
PAAS	73 Outperform	$13.45B	88.34	2.36%	1.54%	23.70%	―
NEM	66 Neutral	$54.20B	16.83	11.13%	2.08%	58.27%	―
Sector *	47 Neutral	$2.66B	-3.14	-22.17%	3.33%	3.73%	-29.29%
HYMC	39 Underperform	$76.45M	―		―	―	1.67%

Hycroft Mining Holding Corporate Events

Hycroft Mining Updates Executive Employment Agreements

Hycroft Mining Holding Corporation announced amendments to employment agreements with two of its senior executives, Rebecca A. Jennings and David Thomas, on March 3, 2025. These amendments modify the ‘Change of Control’ provisions, increasing the severance benefits for both executives if their employment is terminated under specific conditions within a defined period surrounding a Change in Control event. The changes include increased cash payouts and extended benefits coverage, reflecting a strategic move to secure leadership stability during potential transitions.

Hycroft Mining Unveils Promising High-Grade Silver Findings

On January 14, 2025, Hycroft Mining Holding Corporation announced significant drill results from its 2024 exploration program at the Hycroft Mine. The latest findings, particularly from Hole H24D-6018, reveal high-grade silver continuity, suggesting a shift in the understanding of the Hycroft deposit’s geological nature from a low sulfidation system. This development underscores significant potential for high-grade mineralization, enhancing the company’s operational prospects and industry position.

Hycroft Mining Announces Board Leadership Changes

Stephen A. Lang, the Chair of Hycroft Mining Holding Corporation’s Board of Directors, will step down due to health reasons effective January 15, 2025, but will remain on the board as an independent director. Thomas Weng, with over 30 years of experience in the financial services sector and significant expertise in mining, has been appointed to take over as Chair, promising to bring valuable insights to the company’s strategic execution.