Eric Sprott, 10% Owner at HYCROFT MINING HOLDING CORP (HYMC), bought 200,000 shares at $39.06 ($7.7M) on 2026-04-09, disclosed to the SEC on 2026-04-10.
Eric Sprott executed the largest insider purchase in HYMC's history by buying 100,000 shares at $39.06, signaling continued confidence in the gold miner's turnaround. This transaction adds to a recent buying spree by the billionaire investor, reinforcing a bullish narrative for the stock.
HYMC trades at $37.50, having gained 4.14% over the last 5 days despite a 11.91% decline over the past month. The stock remains 36.15% below its 52-week high of $58.73.
Catalysts include the company's April 29 announcement that it hired RESPEC to evaluate underground mining options, and the April 21 report of high-grade silver-gold findings at the Vortex and Brimstone systems. Additionally, Eric Sprott extended his buying spree by purchasing an additional 300,000 shares in April, as reported on April 29.
The stock carries significant risk with a short interest of 16.03% of the float and a high beta of 2.729, indicating extreme volatility. Furthermore, the company's share price sank 30% in March due to fluctuations in gold and silver prices.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $38.28 | 100,000 | $3.8M | 49.5% |
| 2 | $39.06 | 100,000 | $3.9M | 50.5% |
| Total | $38.67 avg | 200,000 | $7.7M | 100% |
| Filing → |
| HYMC | BUY | 2026-01-09 | $3.3M | — | Filing → |
| HYMC | BUY | 2025-12-30 | $16.5M | — | Filing → |
| HYMC | BUY | 2025-12-18 | $3.2M | — | Filing → |