Billionaire Eric Sprott Adds 200,000 Hycroft Mining Shares for $9.2 Million, Bringing Ownership to 40%

3 days ago 4

Sarah Sidlow, The Motley Fool

Thu, February 12, 2026 astatine 7:05 AM CST 4 min read

On Jan. 29, 2026, Eric Sprott executed an open-market acquisition of 200,000 shares of Hycroft Mining Holding Corporation (NASDAQ:HYMC), valued astatine astir $9.2 cardinal according to the SEC Form 4 filing. Sprott purchased the shares via Sprott Mining Inc., which present holds much than 40% of the mining company.

Metric

Value

Shares traded

200,000

Transaction value

$9.2 million

Post-transaction shares (indirect)

36,753,704

Transaction worth based connected SEC Form 4 reported terms ($45.99).

  • What was the terms discourse for this open-market purchase?
    The shares were acquired astatine $45.99 per share, and Hycroft Mining opened astatine $53.53 connected Jan. 29, 2026.

  • How did this commercialized interaction Eric Sprott’s wide ownership structure?
    This transaction accrued Sprott’s indirect holdings to 36,753,704 shares, each held via Sprott Mining Inc, with nary nonstop ownership earlier oregon aft the purchase.

  • How worldly is this transaction comparative to Sprott’s caller activity?
    The 200,000-share acquisition represented conscionable 0.55% of Sprott’s indirect holdings and is smaller than aggregate anterior acquisitions, reflecting an incremental summation alternatively than a important presumption change.

  • What is the entity operation down the ownership?
    All shares are held done Sprott Mining Inc, which is afloat owned by 2176423 Ontario Ltd, and yet controlled by Eric Sprott, who directs voting and disposition rights done this layered structure.

Metric

Value

Price (as of marketplace adjacent 1/29/2026)

$45.73

Market capitalization

$2.98 billion

Net income (TTM)

-$45.61 million

1-year terms change

2,080%

* 1-year show calculated utilizing Jan. 29, 2026 arsenic the notation date.

  • Operates the Hycroft excavation successful Nevada, producing and processing golden and metallic resources crossed astir 70,671 acres.

  • Generates gross chiefly from the extraction and merchantability of golden and silver, leveraging measured and indicated mineral resources of 9.6 cardinal ounces of golden and 446.0 cardinal ounces of silver.

  • Serves the precious metals market, targeting commodity buyers and concern customers seeking golden and metallic supply.

Via his holding company, Sprott present owns much than 40% of Hycroft Mining. According to reports, helium has invested much than $225 cardinal since June 2025 and continues to adhd shares. Shares of Hycroft are up much than 2,000% implicit the past twelvemonth connected a rally for golden and metallic prices arsenic good arsenic robust capitalist sentiment.

Hycroft and Sprott are nary strangers to buzzy moves. In December 2025, AMC Entertainment sold astir 80% of its equity involvement successful Hycroft Mining Holding to Sprott Mining for $24.1 million. AMC had acquired a 22% involvement successful Hycroft successful March 2022, connected Sprott’s advice, successful a stated effort to diversify distant from its halfway container bureau business.


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