Operates the Hycroft open-pit gold-silver mine in Nevada using heap-leach and pressure-oxidation processing.
Operates the Hycroft open-pit gold-silver mine in Nevada using heap-leach and pressure-oxidation processing.
Paused mining in 2021 after the ore processing proved costlier than planned, so it has had no steady metal sales and relies on money raised from investors while it studies a restart. Output would be sold as partly refined gold and silver bars to refiners.
Moat: none (scale). Commodity gold/silver producer with a history of processing/financial challenges limiting its competitive position.
Headquarters: Winnemucca, Nevada, US · Employees: 51
Size Hycroft Mining (HYMC) is a United States Materials company (Precious Metals) with a market value of $1.75B, the 1886th largest of 3,117 United States companies the cockpit tracks. Shares closed at $18.77 on 6 Nov 2026.
Performance Over six months the shares fell 51.2%, against -13.2% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 19 in its peer set.
Valuation It trades at 7.36× book value against a peer median of 3.04× (6th most expensive of 21).
Price implies The share price implies a return on equity of about 123.4%; Hycroft Mining delivers -72.3%, so the price asks more than the business earns today.
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $33.2M |
| Revenue growth | — | — | — | -100% | — |
| Gross profit | -$2.57M | -$3.32M | -$3.49M | -$3.90M | -$20.8M |
| EBITDA | -$117M | -$41.3M | -$49.7M | -$42.8M | -$49.7M |
| Net income | -$103M | -$40.7M | -$60.9M | -$55.0M | -$60.8M |
| Free cash flow | -$68.9M | -$38.4M | -$37.1M | -$42.5M | -$35.8M |
| Capital expenditure | $1.57M | $564,000 | $1.25M | $1.07M | $951,000 |
| Total debt | $15,000 | $39,000 | $125M | $145M | $135M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Hycroft Mining HYMC | $1.75B | -51% | n/a | -72% | 7.36× | 123.4% |
| Kinross Gold K.TO | $26.4B | -25% | +30% | 35% | 2.61× | 24.5% |
| Coeur Mining CDE | $15.9B | -17% | +117% | 13% | 1.53× | 17.0% |
| Hecla Mining HL | $9.90B | -21% | +30% | 22% | 3.56× | 35.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HYMC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.1% | -5.9% | 4th highest of 21 |
| 6-month return | -51.2% | -13.2% | lowest of 19 |
| Return on equity | -72.2% | 11.4% | 5th lowest of 21 |
| Price / book | 7.36× | 3.04× | 6th most expensive of 21 |
| ROE the price implies | 123.4% | 27.5% | 3rd most demanding of 21 |
| ROE delivered | -72.3% | 14.3% | 3rd lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Hycroft Mining HYMC | United States | $1.75B | -51% | n/a | -72% | 7.36× | 123.4% | -72.3% |
| Tongguan Gold 0340.HK | Hong Kong | $1.73B | -14% | +65% | 26% | 2.77× | 11.8% | 25.5% |
| Resolute Mining RSG.AX | Australia | $1.81B | -12% | +5% | 27% | 2.16× | 23.2% | 26.7% |
| Henan Yuguang Gold & Lead 600531.SS | China | $1.83B | -32% | +48% | 16% | 1.65× | 19.9% | 16.1% |
| Southern Cross Gold Consolidated SXGC.TO | Canada | $1.65B | -9% | n/a | -4% | 8.80× | 32.9% | -3.5% |
| Beijing Xiaocheng Technology Stock 300139.SZ | China | $1.64B | -25% | +39% | 12% | 9.54× | 93.2% | 12.5% |
| Alkane Resources ALK.AX | Australia | $1.63B | +11% | +403% | 31% | 2.11× | 25.3% | 31.3% |
| Sunshine Silver Mining & Refining SSMR | United States | $1.91B | n/a | +422% | -157% | 5.91× | 102.7% | n/a |
| Snowline Gold SGD.TO | Canada | $1.93B | -6% | n/a | -90% | 25.66× | 86.1% | -90.2% |
| Ora Banda Mining OBM.AX | Australia | $1.93B | +4% | +101% | 53% | 5.17× | 47.8% | 52.5% |
| Sinda SIND | United States | $1.95B | n/a | n/a | -161% | 8.84× | 152.0% | n/a |
| Silvercorp Metals SVM.TO | Canada | $1.99B | -31% | +59% | 4% | 1.99× | 24.6% | 3.6% |
| Mineros MSA.TO | Canada | $2.00B | +73% | +77% | 37% | 3.31× | 28.2% | 37.4% |
| DRDGOLD Ltd. Sponsored ADR DRD | United States | $2.00B | -16% | +53% | 40% | 2.84× | 14.8% | 39.6% |
| Sino-Platinum Metals 600459.SS | China | $2.06B | -17% | -27% | 8% | 1.49× | 15.8% | 8.0% |
| Orezone Gold ORE.TO | Canada | $1.46B | +31% | +93% | 25% | 2.26× | 18.1% | 25.4% |
| Bellevue Gold BGL.AX | Australia | $1.46B | -16% | +14% | 1% | 2.51× | 26.9% | 0.9% |
| Endeavour Silver EDR.TO | Canada | $2.34B | -20% | +198% | 10% | 3.24× | 44.6% | 10.4% |
| Perenti PRN.AX | Australia | $1.31B | -8% | -4% | 5% | 1.07× | 6.9% | 4.5% |
| AbraSilver Resource ABRA.TO | Canada | $1.30B | -37% | n/a | -113% | 34.64× | 355.9% | -112.6% |
| Minerals 260 MI6.AX | Australia | $1.29B | +1% | n/a | 28% | 4.68× | 54.2% | 28.5% |