Hycroft Mining (NASDAQ:HYMC) Trading Up 3.9% on Insider Buying Activity

Shares of Hycroft Mining Holding Corporation (NASDAQ:HYMC) traded up 3.9% on Wednesday following insider buying activity. The stock traded as high as $24.60 and last traded at $24.4020. 1,756,621 shares were traded during mid-day trading, an increase of 74% from the average session 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 company’s stock in a transaction that occurred on 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 purchase, the insider owned 31,456,352 shares of the company’s stock, valued at approximately $714,059,190.40. This represents a 1.29% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Eric Sprott acquired 200,000 shares of the business’s stock in a transaction dated Friday, December 26th. The shares were acquired at an average cost of $24.93 per share, with a total value of $4,986,000.00. Following the acquisition, the insider directly owned 31,056,352 shares of the company’s stock, valued at $774,234,855.36. This represents a 0.65% increase in their position. The SEC filing for this purchase provides additional information. In related news, major shareholder Eric Sprott purchased 100,000 shares of the business’s stock in a transaction on Wednesday, December 24th. The stock was acquired at an average price of $24.79 per share, with a total value of $2,479,000.00. Following the purchase, the insider directly owned 30,856,352 shares in the company, valued at approximately $764,928,966.08. This represents a 0.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Analyst Ratings Changes

A number of equities analysts recently weighed in on HYMC shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Hycroft Mining in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Hycroft Mining from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Hycroft Mining presently has a consensus rating of “Sell”.

More Hycroft Mining News

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

• Positive Sentiment: Eric Sprott has been actively accumulating HYMC shares in late December — several filings show roughly 700,000 shares bought across Dec. 24–29 (including lots at ~$22.70–$24.93), totaling about $16.5M of purchases and lifting his stake to ~31.5M shares. Insider accumulation from a >10% holder signals confidence and supplies direct buying support. Sprott Eric buys HYMC stock worth $16.5 million
• Positive Sentiment: The SEC / insider filings detail multiple purchases (100k @ $24.79, 200k @ $24.93, 400k @ $22.70, etc.); the formal disclosure confirms the transactions and their size, which reduces uncertainty around the trades and reinforces the credibility of the buying signal. Insider trading report
• Neutral Sentiment: Hycroft’s recent quarterly results (Oct. 28) showed a small EPS beat versus expectations; that provides some operational context but is not the primary driver of today’s move compared with heavy insider buying. Company profile and recent earnings
• Negative Sentiment: Market data cited unusually large put-option activity (a multi-hundred percent jump in put contracts on a recent session), indicating elevated hedging or bearish speculative interest — this can increase implied volatility and create short-term downside pressure despite the insider buying. Options and trading note

Hycroft Mining Price Performance

The stock has a market cap of $1.97 billion, a PE ratio of -15.03 and a beta of 2.71. The company has a current ratio of 19.04, a quick ratio of 18.87 and a debt-to-equity ratio of 2.83. The business has a fifty day simple moving average of $12.18 and a two-hundred day simple moving average of $7.38.

Hycroft Mining (NASDAQ:HYMC) last issued its quarterly earnings results on Tuesday, October 28th. The company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.02.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HYMC. Bank of America Corp DE increased its position in shares of Hycroft Mining by 166.6% during the third 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 purchased a new stake in shares of Hycroft Mining during the 3rd quarter valued at about $96,000. Virtu Financial LLC grew its stake in shares of Hycroft Mining by 20.3% in the third quarter. Virtu Financial LLC now owns 16,023 shares of the company’s stock worth $99,000 after acquiring an additional 2,700 shares during the period. XTX Topco Ltd purchased a new position in shares of Hycroft Mining during the second quarter valued at approximately $101,000. Finally, BNP Paribas Financial Markets lifted its position in Hycroft Mining by 5,537.0% during the third quarter. BNP Paribas Financial Markets now owns 32,413 shares of the company’s stock valued at $201,000 after purchasing an additional 31,838 shares during the period. 7.38% of the stock is owned by hedge funds and other institutional investors.

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.