Hycroft Mining (NASDAQ:HYMC) Trading 3.9% Higher Following Insider Buying Activity

Hycroft Mining Holding Corporation (NASDAQ:HYMC) shares rose 3.9% during trading on Wednesday following insider buying activity. The stock traded as high as $24.60 and last traded at $24.4020. Approximately 1,756,621 shares changed hands during mid-day trading, an increase of 74% from the average daily volume of 1,008,405 shares. The stock had previously closed at $23.48.

Specifically, major shareholder Eric Sprott acquired 400,000 shares of the stock in a transaction dated Monday, December 29th. The stock was bought at an average price of $22.70 per share, with a total value of $9,080,000.00. Following the completion of the transaction, the insider directly owned 31,456,352 shares of the company’s stock, valued at approximately $714,059,190.40. The trade was a 1.29% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Eric Sprott acquired 200,000 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The shares were bought at an average price of $24.93 per share, for a total transaction of $4,986,000.00. Following the completion of the acquisition, the insider owned 31,056,352 shares of the company’s stock, valued at $774,234,855.36. This trade represents a 0.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In related news, major shareholder Eric Sprott bought 100,000 shares of Hycroft Mining stock in a transaction that occurred on Wednesday, December 24th. The stock was purchased at an average cost of $24.79 per share, with a total value of $2,479,000.00. Following the purchase, the insider owned 30,856,352 shares in the company, valued at approximately $764,928,966.08. This trade represents a 0.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Wall Street Analysts Forecast Growth

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

More Hycroft Mining News

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

• Positive Sentiment: Major shareholder Eric Sprott has been accumulating shares aggressively (recent buys include 100k on Dec. 24 @ $24.79, 200k on Dec. 26 @ $24.93 and 400k on Dec. 29 @ $22.70 — roughly $16.5M in the latest tranche), raising his stake to ~31.46M shares. This volume of insider accumulation signals confidence and creates direct buying/support pressure. Sprott Eric buys HYMC stock worth $16.5 million
• Neutral Sentiment: Institutional activity shows recent inflows from several funds (Tidal, Vanguard, UBS, Mirae), which may provide steady demand but are incremental relative to Sprott’s concentrated buying; analysts remain mixed with an average “Sell” rating and a few downgrades/holds — this produces limited directional impact absent fundamental news.
• Negative Sentiment: Company SVP David Brian Thomas sold 15,000 shares on Dec. 29 at ~$21.21 (total ≈ $318k), trimming his position by ~15.6%. The sale is small relative to Sprott’s purchases but can be perceived negatively by some traders. SEC filing: SVP sale
• Negative Sentiment: Unusually large put-option activity was reported (a several-hundred‑percent jump vs. typical daily put volume), implying increased hedging or bearish bets; this can push implied volatility higher and apply short‑term downward pressure even while shares rise on insider buying.

Hycroft Mining Stock Performance

The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of -14.67 and a beta of 2.71. The stock’s 50 day moving average price is $12.51 and its 200 day moving average price is $7.49. The company has a current ratio of 19.04, a quick ratio of 18.87 and a debt-to-equity ratio of 2.83.

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

Institutional Investors Weigh In On Hycroft Mining

Institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Hycroft Mining by 11.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 459,896 shares of the company’s stock valued at $1,490,000 after buying an additional 47,385 shares during the last quarter. Jane Street Group LLC bought a new stake in Hycroft Mining during the first quarter worth $124,000. Clear Harbor Asset Management LLC bought a new stake in Hycroft Mining during the second quarter worth $141,000. Timelo Investment Management Inc. acquired a new stake in Hycroft Mining in the second quarter valued at $470,000. Finally, Geode Capital Management LLC lifted its stake in Hycroft Mining by 1.4% in the second quarter. Geode Capital Management LLC now owns 227,603 shares of the company’s stock valued at $713,000 after acquiring an additional 3,146 shares during the last quarter. Institutional investors own 7.38% of the company’s stock.

Hycroft Mining Company Profile

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.