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Hycroft mining director Marni Wieshofer sells shares worth $4,971

Published 12/09/2024, 06:26 PM
HYMC
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Marni Wieshofer, a director at Hycroft Mining Holding Corp (NASDAQ:HYMC), recently sold a portion of her holdings in the company. According to a recent SEC filing, Wieshofer sold a total of 2,248 shares of Class A common stock on December 5, 2024. The shares were sold at prices ranging from $2.2016 to $2.2163, totaling approximately $4,971. The transaction comes as HYMC's stock, currently trading at $2.32, sits about 50% below its 52-week high of $4.65, with InvestingPro data showing significant price volatility.

Following these transactions, Wieshofer now holds 50,022 shares indirectly through the Wieshofer Family Trust. The filing indicates that a portion of these shares, 11,228, are unvested restricted stock units (RSUs), which will convert into common stock upon vesting. The RSUs are subject to certain trading restrictions as per applicable securities laws and company policies. With a market capitalization of approximately $57 million, HYMC maintains a strong liquidity position, reflected in its current ratio of 6.69.

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These transactions reflect Wieshofer’s ongoing management of her investment in Hycroft Mining, where she continues to maintain a significant stake.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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