Blake Rhodes, Hycroft Mining director, buys $50,075 in stock
Blake Rhodes, Hycroft Mining director, buys $50,075 in stock
Blake Rhodes, a director at Hycroft Mining Holding Corp (NASDAQ:HYMC), recently purchased $50,075 worth of the company’s Class A common stock. The transaction occurred on October 28, 2026.
Rhodes acquired 3,000 shares at prices ranging from $16.69 to $16.695 per share. The reported weighted average purchase price for these shares was $16.6917. Following this transaction, Rhodes directly holds 7,068 shares, which includes the 3,000 shares acquired in open-market transactions and 4,068 unvested restricted stock units.
The insider purchase comes as HYMC stock has experienced significant volatility, delivering a 123% return over the past year while declining 49% in the last six months. The stock currently trades at $17.44, which InvestingPro analysis suggests is above its Fair Value, placing it on the platform’s Most Overvalued list. With a beta of 2.79, the mining company’s shares move nearly three times as volatile as the broader market.
Related Articles
- Insider Trading News
Scholar Rock director Akkaraju buys $12 million in shares
- Insider Trading News
Exodus Movement director Margaret Knight sells $955 in stock
- Insider Trading News
Athena Gold CEO Koby Kushner buys $3,534 in company stock
- Insider Trading News
Liberty Energy director Ken Babcock buys $223,300 of company stock
- Stock Markets News
investingLive Asia-Pacific market news: Oil eases on Vance’s Iran outreach