Transaction details
Eric Sprott, identified as owning roughly ten percent of the company, together with 2176423 Ontario Ltd., reported the acquisition of 200,000 shares of HYCROFT MINING HOLDING CORP (NASDAQ:HYMC) Class A common stock on January 29, 2026. The shares were purchased at $45.99 each, bringing the total consideration for the trade to $9,198,000.
Current holding and ownership structure
Following the reported purchase, the total number of Hycroft shares owned by the combined interests stands at 36,753,704. The shares are held indirectly through Sprott Mining Inc., a wholly owned subsidiary of 2176423 Ontario Ltd., an entity controlled by Eric Sprott.
Market context and performance
The transaction comes as HYMC has experienced pronounced short-term volatility. The stock has declined roughly 26% over the past week, with shares trading at $37.35, which is below the price Sprott paid in the January 29 transaction. Market data noted in the report places Hycroft’s market capitalization at $3.05 billion and records an extraordinary 1,509% return for the last 12 months, with a reported beta of 2.65.
Analysis cited from InvestingPro indicates the stock appears overvalued at current levels, and the platform’s ProTips reportedly highlight both strengths and challenges facing the company.
Operational developments at the Nevada project
Hycroft has also disclosed substantial exploration results from its Nevada operations. The company announced record-setting silver grades within the Vortex system, with reported intercepts in the range of 960 grams per tonne (g/t) to 1,545 g/t silver. A highlighted drill hole returned 30.8 meters grading 438.58 g/t silver along with 0.41 g/t gold.
According to the company updates referenced in the report, the exploration program expanded the Vortex zone by approximately 70 meters to the northwest and about 90 meters down-dip to the west.
Corporate governance and shareholder meetings
On the corporate governance front, Hycroft held its 2025 virtual annual meeting where stockholders elected six directors to the board, each director reportedly receiving no fewer than 44.9 million votes in favor. The company has also rescheduled its 2025 Annual Meeting of Stockholders to December 29, with a new record date set for December 12.
Context on investment tools referenced
The report also references ProPicks AI, a system described as evaluating HYMC among many companies using over 100 financial metrics to identify risk-reward opportunities. The description notes the tool is data-driven and cites past winners that include Super Micro Computer and AppLovin, with reported past returns shown in the original analysis.
Summary assessment
The reported insider purchase increases Eric Sprott’s aggregate exposure to Hycroft even as the share price sits beneath the acquisition level and third-party analysis flags potential overvaluation. Operationally, the company is reporting high-grade exploration results and has moved corporate meeting dates, reflecting concurrent activity on both the operational and governance fronts.