Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver exploration and development company in the United States.
FAIL · Does not pass the screen
20.70 USD
At the last full screen 2026-09-15
Screened 2026-09-15 · the tape above runs as of 17:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markdown label.
Hycroft Mining Holding Corporation holds its Markdown at $20.70. Elevated stress, defensive posture warranted, held for 13 days.
As held on the ledger · 2026-09-15
Phase
Markdown · caution
Quantitative state
Elevated stress, defensive posture warranted, held for 13 days
Price at the screen
$20.70
Valuation
N/A trailing · -28.55 forward price to earnings
Values screen
FAIL· score 70.0
Beta
2.84
The Workings
Five Screens, Shown in Full
Does not pass. Accounts receivable
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
0.01%
Below 33%
Interest-bearing debt is just 0.0% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.30%
Below 33%
Cash held in interest-bearing accounts and securities is 0.3% of assets, under the one-third limit.
Pass
Receivables
69.33%
Below 49%
Money owed to the company is 69.3% of assets, above the 49% limit.
Fail
Revenue purity
Excluded
Below 5%
of revenue comes from non-compliant sources, over the 5% line.
Fail
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-15 screen. The gold marker is the market price at the same screen. A 20.8% margin of safety to the base estimate.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-15 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Gold explorer burns cash with nothing to show
Picture a prospector sinking shafts while the ledger shows only red ink and no output yet. Hycroft sits in exactly that spot, an early stage gold and silver play with zero profit margins, an ROE of minus 86 percent and a forward multiple that has turned negative because earnings have vanished. The opportunity rating stays at none because the numbers do not support any case for ownership.
The business is pure cyclical exposure. Gold miners at peak metal prices often post the lowest multiples precisely when earnings are about to roll over, turning what looks like value into a trap. Add an ethical screen that returns insufficient data because basic financial ratios are missing and the case for stepping in disappears.
One analyst target sits above the current price but that lone voice cannot offset the fundamental gaps or the sector timing risk. Analysis, not advice.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; it already moves more than the market on an average day.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
HYMC trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-01Markup · changed$25.46+33.6%Entry 5
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 33.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 39% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 445%. Our forward projection puts the odds of a 10% gain over the next month near 48%.
2026-08-01Distribution$19.05-26.0%Entry 4
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 26.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 39% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 445%. Our forward projection puts the odds of a 10% gain over the next month near 48%.
2026-07-18Distribution$25.76+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 39% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 445%. Our forward projection puts the odds of a 10% gain over the next month near 48%.
2026-07-03Distribution$25.76+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Distribution$25.76Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.