Investors Lose Their Mind After Hycroft Runs 2,243% And The CEO Backs Up The Truck | HYMC
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Investors Lose Their Mind After Hycroft Runs 2,243% And The CEO Backs Up The Truck | HYMC
"Shares of Hycroft Mining (NASDAQ:HYMC) are trading at $50.27, up 2,236% over the past year, and retail investors are acting like the rally has room to run. This all coincides with a noticeable shift in retail investor sentiment on platforms like Reddit and X from optimistic to extremely bullish. Reddit sentiment data shows scores ranging from 72 to 90 over the past three days, with peak enthusiasm hitting 90 on January 21."
"The enthusiasm centers on billionaire investor Eric Sprott, who has poured over $225 million into HYMC since June 2025. In a Reddit post on r/wallstreetbets, one user detailed Sprott's buying pattern under the title "HYMC: Eric Sprott's Historical YOLO/My Biggest Position," noting he "averaged up on a 1000% gain position" and exercised 4.67 million warrants on January 13, 2026, just before adding another 200,000 shares at $33.21. The post describes this as validation: "He's buying shares as drills are being pulled out of the ground.""
"Discussion on Reddit's r/wallstreetbets and r/investing has intensified, with mentions spiking throughout January. A post in r/investing asked, "Has anyone been watching mining companies the last few days? HYMC blew up today 17% trading at levels we haven't seen in a while." Users cite three primary reasons for continued optimism: Sprott now owns 41% of the company and continues buying, not selling, into the rally An upcoming mineral resource estimate expected by month-end could validate high-grade silver discoveries at the Nevada mine"
Hycroft Mining's shares reached $50.27, representing a 2,236% year-over-year gain and inflating market capitalization to $4.08 billion while trailing twelve-month revenue sits at $11.5 million and the company employs 56 people. Retail sentiment on Reddit and X shifted sharply toward extreme bullishness, with Reddit sentiment scores between 72 and 90 and a peak of 90 on January 21. Billionaire Eric Sprott invested over $225 million since June 2025, exercising warrants and buying shares in January 2026 and now owning roughly 41%. Investors cite Sprott's continued accumulation, an imminent mineral resource estimate for Nevada high-grade silver, and an 82% institutional ownership creating a tight float as drivers of optimism.
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