Eric Sprott Buys 220,000 Shares of Hycroft Mining (NASDAQ:HYMC) Stock

Hycroft Mining Holding Corporation (NASDAQ:HYMC) major shareholder Eric Sprott purchased 220,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were acquired at an average price of $14.60 per share, for a total transaction of $3,212,000.00. Following the completion of the acquisition, the insider directly owned 30,606,352 shares of the company’s stock, valued at $446,852,739.20. This trade represents a 0.72% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Eric Sprott also recently made the following trade(s):

• On Monday, December 15th, Eric Sprott bought 200,000 shares of Hycroft Mining stock. The shares were acquired at an average cost of $13.02 per share, with a total value of $2,604,000.00.
• On Friday, December 12th, Eric Sprott bought 40,000 shares of Hycroft Mining stock. The shares were acquired at an average price of $13.30 per share, for a total transaction of $532,000.00.
• On Thursday, December 11th, Eric Sprott purchased 120,000 shares of Hycroft Mining stock. The stock was bought at an average cost of $12.36 per share, for a total transaction of $1,483,200.00.
• On Wednesday, December 10th, Eric Sprott acquired 60,000 shares of Hycroft Mining stock. The shares were bought at an average price of $11.64 per share, with a total value of $698,400.00.
• On Tuesday, December 9th, Eric Sprott acquired 300,000 shares of Hycroft Mining stock. The stock was bought at an average cost of $11.74 per share, for a total transaction of $3,522,000.00.
• On Wednesday, December 3rd, Eric Sprott bought 2,340,824 shares of Hycroft Mining stock. The shares were bought at an average cost of $10.30 per share, with a total value of $24,110,487.20.
• On Thursday, November 13th, Eric Sprott purchased 500,000 shares of Hycroft Mining stock. The shares were bought at an average price of $9.41 per share, with a total value of $4,705,000.00.
• On Tuesday, November 11th, Eric Sprott purchased 500,000 shares of Hycroft Mining stock. The stock was bought at an average cost of $8.07 per share, for a total transaction of $4,035,000.00.
• On Tuesday, October 14th, Eric Sprott acquired 7,690,000 shares of Hycroft Mining stock. The shares were purchased at an average cost of $6.50 per share, with a total value of $49,985,000.00.

Hycroft Mining Stock Performance

NASDAQ:HYMC opened at $16.42 on Friday. Hycroft Mining Holding Corporation has a 1 year low of $1.99 and a 1 year high of $16.95. The business has a fifty day simple moving average of $9.85 and a two-hundred day simple moving average of $6.31. The company has a market capitalization of $1.33 billion, a P/E ratio of -10.14 and a beta of 2.71. The company has a debt-to-equity ratio of 2.83, a current ratio of 19.04 and a quick ratio of 18.87.

Hycroft Mining (NASDAQ:HYMC) last released its quarterly earnings data on Tuesday, October 28th. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.02.

Hycroft Mining News Summary

Here are the key news stories impacting Hycroft Mining this week:

• Positive Sentiment: Analyst / deep‑dive: Seeking Alpha argues Hycroft has “unlocked significant value” after paying off debt, leaving about $175M cash, low burn, better metallurgical recoveries and recent high‑grade silver discoveries — factors that materially improve project economics and provide a long liquidity runway. Hycroft Mining: Debt Payoff Unlocks Significant Value
• Positive Sentiment: Insider accumulation: Major shareholder Eric Sprott continued buying this week (220,000 shares on 12/17 at ~$14.60; part of a multi‑trade buying spree), increasing his stake and signaling high‑conviction ownership. Institutional/insider purchases often support near‑term price strength. Eric Sprott Purchases 220,000 Shares
• Positive Sentiment: Options flow: Unusual activity — ~2,674 calls traded (≈63% above typical daily call volume) — indicates short‑term bullish positioning by traders betting on further upside or volatility. (Source: market activity alert)
• Neutral Sentiment: Volume/coverage pickups: Multiple outlets flagged large volume spikes and media coverage tied to the insider buying and asset narrative; this can amplify moves but doesn’t change fundamentals immediately. Volume Increase from Insider Buying
• Negative Sentiment: Sell‑side / consensus caution: Some services still rate HYMC a “Sell” and note risks (project execution, historic losses); the street consensus remains mixed, so analyst skepticism could cap gains if exploration/results disappoint. MarketBeat HYMC Coverage

Hedge Funds Weigh In On Hycroft Mining

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in shares of Hycroft Mining by 166.6% in the 3rd quarter. Bank of America Corp DE now owns 4,060 shares of the company’s stock valued at $25,000 after acquiring an additional 2,537 shares in the last quarter. Occudo Quantitative Strategies LP bought a new position in shares of Hycroft Mining in the third quarter worth approximately $96,000. Virtu Financial LLC raised its stake in Hycroft Mining by 20.3% in the third quarter. Virtu Financial LLC now owns 16,023 shares of the company’s stock valued at $99,000 after purchasing an additional 2,700 shares in the last quarter. XTX Topco Ltd bought a new stake in Hycroft Mining during the second quarter valued at approximately $101,000. Finally, Jane Street Group LLC purchased a new position in Hycroft Mining in the 1st quarter worth approximately $124,000. 7.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HYMC has been the subject of a number of analyst reports. Wall Street Zen raised Hycroft Mining from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Hycroft Mining in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Hycroft Mining

Hycroft Mining PLC is a precious metals company focused on the exploration, development and operation of the Hycroft Mine, a large oxide gold and silver deposit in northwestern Nevada. The company’s primary activities include open-pit mining, heap leach extraction and carbon adsorption/desorption processing designed to recover gold and silver from crushed ore. Hycroft’s technical team employs conventional mining methods and metallurgical processes to advance resource conversion and optimize recovery rates.

Located on approximately 28,800 hectares in Humboldt County, Nevada, the Hycroft Mine ranks among the largest undeveloped oxide gold-silver deposits in North America.