Blake Rhodes, Hycroft Mining director, buys $50,075 in stock
Hycroft Mining Holding Corp (NASDAQ: HYMC) director Blake Rhodes acquired 3,000 shares of the company's Class A common stock on October 28, 2026. Rhodes made the purchase at prices ranging from $16.69 to $16.695 per share, with a weighted average purchase price of $16.6917. This transaction valued at $50,075 brings Rhodes' total direct holdings to 7,068 shares.
Rhodes' stake includes the newly acquired shares and 4,068 unvested restricted stock units. The insider's purchase comes amid HYMC stock's notable volatility, having a 123% return over the past year but a 49% decline in the last six months. As of the latest data, HYMC stock is trading at $17.44, which is deemed overvalued by InvestingPro, landing it on the platform's Most Overvalued list.
The mining company's shares exhibit a beta of 2.79, indicating they are nearly three times more volatile than the broader market.
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