Recent gains in Hycroft Mining Holding Corporation (NASDAQ:HYMC) help add back some value on insider purchases worth US$758k, still down US$473k

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Insiders who bought US$758k worth of Hycroft Mining Holding Corporation (NASDAQ:HYMC) stock in the last year recovered part of their losses as the stock rose by 21% last week. However, total losses seen by insiders are still US$473k but in since the time of purchase.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Hycroft Mining Holding

The Last 12 Months Of Insider Transactions At Hycroft Mining Holding

Over the last year, we can see that the biggest insider purchase was by President Diane Garrett for US$193k worth of shares, at about US$3.50 per share. That means that even when the share price was higher than US$1.71 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Happily, we note that in the last year insiders paid US$758k for 166.50k shares. But they sold 12.91k shares for US$47k. In the last twelve months there was more buying than selling by Hycroft Mining Holding insiders. Their average price was about US$4.55. These transactions suggest that insiders have considered the current price attractive. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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insider-trading-volume

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Hycroft Mining Holding

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Our information indicates that Hycroft Mining Holding insiders own about US$776k worth of shares. It's always possible we are missing something but from our data, it looks like insider ownership is minimal.

What Might The Insider Transactions At Hycroft Mining Holding Tell Us?

The fact that there have been no Hycroft Mining Holding insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. We'd like to see bigger individual holdings. However, we don't see anything to make us think Hycroft Mining Holding insiders are doubting the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To help with this, we've discovered 3 warning signs (2 don't sit too well with us!) that you ought to be aware of before buying any shares in Hycroft Mining Holding.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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