HYMC, US44862P2083

BMO sets USD 24.00 target for Hycroft Mining stock

Published on 10/17/2026 at 21:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cash stood at USD 221 million on June 30, 2026. Hycroft Mining stock closed at USD 17.17 on October 16, 2026, down 1.44 percent on Nasdaq.

Analyst view and upcoming results

BMO Capital Markets introduced a USD 24.00 target in a September 28, 2026 note.
Hycroft held USD 221 million in cash and no debt on June 30, 2026.
Hycroft Mining stock closed at USD 17.17 on October 16, 2026, down 1.44 percent versus the Nasdaq close of USD 17.42.
MarketBeat estimates the next results for October 27, 2026, with consensus revenue of USD 1.38 million.

HYMC, US44862P2083, Illustration mit AI erstellt.

BMO Capital Markets introduced a USD 24.00 price target for Hycroft Mining in a September 28, 2026 note, putting the target 39.78 percent above the Nasdaq closing price of USD 17.17 on October 16, 2026. The target was reported by The Northern Miner. The Nasdaq close was down 1.44 percent from USD 17.42.

Cash supports exploration

Hycroft held USD 221 million in cash and no debt as of June 30, 2026, according to Hycroft Mining. Its investor materials also cite 16.4 million ounces of measured and indicated gold resources and 562.6 million ounces of measured and indicated silver resources.

Price sits below yearly high

On October 16, 2026, the stock closed at USD 17.17 on Nasdaq after a session range of USD 16.79 to USD 18.09. The 52-week range was USD 6.48 to USD 58.73, leaving the stock 70.78 percent below its high. Trading volume reached 2,138,478 shares against an average of 1,924,743 shares, while the year-to-date performance stood at minus 27.80 percent.

Target distance and earnings date

Market capitalization was USD 1.6 billion on October 16, 2026. MarketBeat estimates that Hycroft will report third-quarter 2026 results on October 27, 2026, before the market opens, with consensus revenue of USD 1.38 million and consensus earnings per share of minus USD 0.17.

Comparison with peers

Hycroft Mining (Nasdaq, USD): minus 1.44 percent, market capitalization USD 1.6 billion

Gold.com (NYSE, USD): minus 0.71 percent, P/E 13.02, market capitalization USD 1.1 billion

Coeur Mining (NYSE, USD): plus 0.39 percent, P/E 12.48, market capitalization USD 16.0 billion

Nasdaq close sets the frame

Hycroft's USD 17.17 close on October 16, 2026 leaves the stock well below its 52-week high while the analyst target remains materially higher. The October 27 reporting date is the next scheduled company event.