Hycroft Mining (NASDAQ:HYMC) Major Shareholder Eric Sprott Acquires 400,000 Shares of Stock

Market Beat
2025.12.31 10:57
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Hycroft Mining major shareholder Eric Sprott acquired 400,000 shares at $22.70 each on December 29, totaling $9.08 million. This purchase increased his stake to approximately 31.46 million shares, valued at around $714 million, marking a 1.29% increase. Sprott has been actively buying shares throughout December, indicating strong insider confidence. Despite recent trading around $23.48, there has been a notable rise in put contracts, suggesting increased bearish sentiment. Hycroft's stock has a market cap of $1.90 billion and a 12-month price range of $2.00 to $29.80.