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Hycroft Mining Holding Third Quarter 2022 Earnings: US$0.08 loss per share (vs US$0.39 loss in 3Q 2021)

Hycroft Mining Holding (NASDAQ:HYMC) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$8.76m (down 72% from 3Q 2021).

  • Net loss: US$15.8m (loss narrowed by 32% from 3Q 2021).

  • US$0.08 loss per share (improved from US$0.39 loss in 3Q 2021).

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earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hycroft Mining Holding Earnings Insights

Looking ahead, revenue is forecast to decline by 89% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to remain flat.

Performance of the American Metals and Mining industry.

The company's shares are up 5.4% from a week ago.

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Risk Analysis

It is worth noting though that we have found 3 warning signs for Hycroft Mining Holding (1 is significant!) that you need to take into consideration.

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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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