Hycroft Mining (HYMC) Soars 17.08% on Insider Purchase, Silver Discovery, Debt Repayment

Hycroft Mining (HYMC) surged to its highest level since the start of this month on Dec. 18, with an intraday gain of 17.08% after two consecutive days of gains. The stock climbed 7.12% over the past two sessions, driven by a combination of insider activity and operational progress at its Nevada mine.

Key catalysts include a large insider purchase by beneficial owner Sprott Eric, who acquired $5.74 million of shares between Dec. 12–16, signaling confidence in the company’s outlook. Separately, HYMC reported a record silver grade of 438.58 grams per ton over 30.8 meters in its Vortex zone, expanding resource potential by 75 meters. The discovery, part of a broader 2025–2026 exploration program, underscores the company’s ability to enhance reserves, a critical metric for mining valuations.

Financial strength further bolstered investor sentiment after HYMC announced the complete repayment of $136 million in debt using $235 million in proceeds from a public offering. The debt-free status, coupled with robust liquidity, positions the firm to fund expansion and exploration. Analysts note that the combination of insider buying, high-grade resource growth, and improved balance sheet flexibility could drive sustained interest in the stock, particularly as silver demand remains resilient amid industrial and green energy trends.