Insider Buying: Hycroft Mining (NASDAQ:HYMC) Major Shareholder Buys 200,000 Shares of Stock

Key Points

• Eric Sprott purchased 200,000 Hycroft shares on Jan. 29 at $45.99 (~$9.2M), raising his stake to 36,753,704 shares valued at about $1.69B (a reported 0.55% ownership increase).
• He has been aggressively accumulating HYMC since mid‑December, buying nearly 1.9 million shares across multiple transactions from Dec. 15 through Jan. 29, indicating sustained insider buying.
• Hycroft is volatile — last quoted at $37.35 with a 52‑week range of $2.22–$58.73 and a market cap around $3.1B — while the consensus analyst rating remains a Sell.

Hycroft Mining Holding Corporation (NASDAQ:HYMC - Get Free Report) major shareholder Eric Sprott purchased 200,000 shares of the company's stock in a transaction dated Thursday, January 29th. The shares were acquired at an average price of $45.99 per share, for a total transaction of $9,198,000.00. Following the purchase, the insider owned 36,753,704 shares in the company, valued at $1,690,302,846.96. The trade was a 0.55% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more 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, January 26th, Eric Sprott purchased 100,000 shares of Hycroft Mining stock. The stock was bought at an average cost of $49.96 per share, with a total value of $4,996,000.00.
• On Wednesday, January 14th, Eric Sprott acquired 200,000 shares of Hycroft Mining stock. The stock was bought at an average price of $33.21 per share, with a total value of $6,642,000.00.
• On Friday, January 9th, Eric Sprott purchased 25,000 shares of Hycroft Mining stock. The stock was bought at an average price of $27.05 per share, with a total value of $676,250.00.
• On Thursday, January 8th, Eric Sprott purchased 100,000 shares of Hycroft Mining stock. The shares were acquired at an average cost of $26.08 per share, for a total transaction of $2,608,000.00.
• On Monday, December 29th, Eric Sprott purchased 400,000 shares of Hycroft Mining stock. The stock was bought at an average price of $22.70 per share, with a total value of $9,080,000.00.
• On Friday, December 26th, Eric Sprott bought 200,000 shares of Hycroft Mining stock. The stock was bought at an average price of $24.93 per share, for a total transaction of $4,986,000.00.
• On Wednesday, December 24th, Eric Sprott purchased 100,000 shares of Hycroft Mining stock. The shares were purchased at an average cost of $24.79 per share, for a total transaction of $2,479,000.00.
• On Friday, December 19th, Eric Sprott purchased 150,000 shares of Hycroft Mining stock. The stock was purchased at an average price of $16.31 per share, for a total transaction of $2,446,500.00.
• On Wednesday, December 17th, Eric Sprott bought 220,000 shares of Hycroft Mining stock. The shares were bought at an average cost of $14.60 per share, for a total transaction of $3,212,000.00.
• On Monday, December 15th, Eric Sprott bought 200,000 shares of Hycroft Mining stock. The stock was bought at an average price of $13.02 per share, for a total transaction of $2,604,000.00.

Hycroft Mining Price Performance

NASDAQ HYMC traded down $8.38 on Friday, hitting $37.35. The stock had a trading volume of 8,962,247 shares, compared to its average volume of 5,440,627. The company has a debt-to-equity ratio of 2.83, a quick ratio of 18.87 and a current ratio of 19.04. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of -23.06 and a beta of 2.64. The firm has a 50-day moving average of $25.04 and a 200-day moving average of $12.60. Hycroft Mining Holding Corporation has a 52-week low of $2.22 and a 52-week high of $58.73.

Hycroft Mining (NASDAQ:HYMC - Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The company reported ($0.22) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HYMC. Vanguard Group Inc. raised its position in Hycroft Mining by 150.2% during the fourth quarter. Vanguard Group Inc. now owns 2,835,578 shares of the company's stock valued at $67,402,000 after purchasing an additional 1,702,288 shares in the last quarter. Tidal Investments LLC lifted its stake in shares of Hycroft Mining by 125.3% in the third quarter. Tidal Investments LLC now owns 1,566,287 shares of the company's stock worth $9,711,000 after acquiring an additional 871,030 shares during the period. UBS Group AG boosted its stake in shares of Hycroft Mining by 5.4% in the 4th quarter. UBS Group AG now owns 996,148 shares of the company's stock valued at $23,678,000 after purchasing an additional 51,126 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Hycroft Mining by 43.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 882,624 shares of the company's stock worth $5,472,000 after purchasing an additional 268,633 shares in the last quarter. Finally, Sprott Inc. increased its stake in Hycroft Mining by 11.7% in the third quarter. Sprott Inc. now owns 816,253 shares of the company's stock valued at $5,061,000 after purchasing an additional 85,490 shares in the last quarter. Institutional investors own 7.38% of the company's stock.

Wall Street Analysts Forecast Growth

HYMC has been the subject of a number of analyst reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Hycroft Mining in a report on Thursday, January 22nd. Wall Street Zen upgraded Hycroft Mining from a "sell" rating to a "hold" rating in a report on Saturday, November 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of "Sell".

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.

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