Hycroft Mining (NASDAQ:HYMC) Trading 8.4% Higher After Insider Buying Activity

Hycroft Mining Holding Corporation (NASDAQ:HYMCGet Free Report)’s share price shot up 8.4% during trading on Thursday after an insider bought additional shares in the company. The company traded as high as $15.25 and last traded at $15.1740. 1,428,868 shares traded hands during mid-day trading, an increase of 86% from the average session volume of 767,320 shares. The stock had previously closed at $14.00.

Specifically, major shareholder Eric Sprott acquired 220,000 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were bought at an average cost of $14.60 per share, with a total value of $3,212,000.00. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Eric Sprott bought 200,000 shares of the stock in a transaction dated Monday, December 15th. The stock was bought at an average price of $13.02 per share, with a total value of $2,604,000.00. Following the purchase, the insider owned 30,186,352 shares of the company’s stock, valued at approximately $393,026,303.04. This represents a 0.67% increase in their position. The disclosure for this purchase is available in the SEC filing. In other news, major shareholder Eric Sprott acquired 40,000 shares of the stock in a transaction on Friday, December 12th. The stock was bought at an average price of $13.30 per share, with a total value of $532,000.00. Following the completion of the transaction, the insider directly owned 29,986,352 shares of the company’s stock, valued at $398,818,481.60. The trade was a 0.13% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of Hycroft Mining from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Hycroft Mining in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Get Our Latest Research Report on HYMC

Hycroft Mining News Roundup

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

Hycroft Mining Stock Up 6.9%

The company has a debt-to-equity ratio of 2.83, a current ratio of 19.04 and a quick ratio of 18.87. The stock’s fifty day simple moving average is $9.85 and its 200-day simple moving average is $6.31. The stock has a market cap of $1.33 billion, a P/E ratio of -10.14 and a beta of 2.71.

Hycroft Mining (NASDAQ:HYMCGet Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The company reported ($0.22) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.02.

Hedge Funds Weigh In On Hycroft Mining

Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE increased 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 worth $25,000 after acquiring an additional 2,537 shares during the period. Occudo Quantitative Strategies LP acquired a new position in shares of Hycroft Mining during the third quarter worth approximately $96,000. Virtu Financial LLC grew its holdings in Hycroft Mining by 20.3% in the 3rd quarter. Virtu Financial LLC now owns 16,023 shares of the company’s stock worth $99,000 after buying an additional 2,700 shares in the last quarter. XTX Topco Ltd acquired a new stake in Hycroft Mining in the 2nd quarter valued at approximately $101,000. Finally, BNP Paribas Financial Markets raised its stake in Hycroft Mining by 5,537.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 32,413 shares of the company’s stock valued at $201,000 after acquiring an additional 31,838 shares in the last quarter. Institutional investors and hedge funds own 7.38% of the company’s stock.

About Hycroft Mining

(Get Free Report)

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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