Key Points
- David Brian Thomas, SVP, sold 15,000 HYMC shares on Dec. 29 at an average of $21.21 for about $318,150, reducing his holding by roughly 15.6% to 81,070 shares (≈$1.72M).
- Eric Sprott has been aggressively accumulating shares, buying roughly $16.5M in late‑December and raising his stake to about 31.46 million shares, signaling strong insider buying pressure.
- There was an unusually large spike in put‑option volume (several‑hundred percent above normal), indicating increased hedging or bearish bets that may raise volatility and short‑term downside pressure.
Hycroft Mining Holding Corporation (NASDAQ:HYMC - Get Free Report) SVP David Brian Thomas sold 15,000 shares of the stock in a transaction on Monday, December 29th. The shares were sold at an average price of $21.21, for a total transaction of $318,150.00. Following the completion of the sale, the senior vice president directly owned 81,070 shares of the company's stock, valued at approximately $1,719,494.70. This trade represents a 15.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
David Brian Thomas also recently made the following trade(s):
- On Thursday, October 23rd, David Brian Thomas sold 20,000 shares of Hycroft Mining stock. The shares were sold at an average price of $7.39, for a total value of $147,800.00.
Hycroft Mining Price Performance
Shares of NASDAQ:HYMC opened at $23.77 on Thursday. The firm has a market capitalization of $1.97 billion, a PE ratio of -14.67 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. Hycroft Mining Holding Corporation has a 1-year low of $2.00 and a 1-year high of $29.80. The business's 50 day moving average is $12.51 and its 200-day moving average is $7.49.
Hycroft Mining (NASDAQ:HYMC - Get Free Report) last posted 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.
Hycroft Mining News Roundup
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.
Institutional Investors Weigh In On Hycroft Mining
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake 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 purchasing an additional 2,537 shares during the last quarter. Occudo Quantitative Strategies LP bought a new position in Hycroft Mining in the 3rd quarter valued at $96,000. Virtu Financial LLC increased its stake in shares of Hycroft Mining by 20.3% in the 3rd quarter. Virtu Financial LLC now owns 16,023 shares of the company's stock valued at $99,000 after buying an additional 2,700 shares during the period. XTX Topco Ltd bought a new stake in shares of Hycroft Mining during the second quarter worth $101,000. Finally, BNP Paribas Financial Markets grew its position in shares of Hycroft Mining by 5,537.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 32,413 shares of the company's stock worth $201,000 after buying an additional 31,838 shares during the period. Institutional investors and hedge funds own 7.38% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on HYMC shares. Wall Street Zen upgraded Hycroft Mining from a "sell" rating to a "hold" rating in a research note on Saturday, November 1st. Weiss Ratings reiterated a "sell (d-)" rating on shares of Hycroft Mining in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of "Sell".
View Our Latest Stock Analysis on Hycroft Mining
Hycroft Mining Company Profile
(
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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