Hycroft Mining (HYMC)

Net assets on the balance sheet as of June 2024 : -£7.5 Million

According to Hycroft Mining's latest financial reports the company has -£7.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hycroft Mining - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£52.32 M	-203.12%
2021-12-31	$-£50.75 Million	-516.23%
2020-12-31	$£12.19 M	-103.64%
2019-12-31	$-£0.34 Billion

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Hycroft Mining (HYMC) - Net assets