Eric Sprott Sells 5M Shares of HYMC but Retail Investors Still See Upside

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Eric Sprott Sells 5M Shares of HYMC but Retail Investors Still See Upside

George Lucas

8:58 AM

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Eric Sprott (10 percent owner) in Hycroft mining holding corporation (NASDAQ: HYMC) sold 5M shares (according to the most recent Securities and Exchange Commission filing on Jun 27, 2022). HYMC shares have dropped as much as -89.36% over the last five years. It seems as though the shares disposed of by Eric Sprott could have been influenced by the recent performance of HYMC. There are many reasons why an insider would buy shares, but only a few reasons they would sell. Check out the most recent insider transactions to see if this is a good or bad sign for HYMC investors.

Recent HYMC Stock Performance is Disappointing

Hycroft mining holding corporation investors have endured recent hardships. HYMC stock has been heading toward a crash landing over the past year and has fell from a 52-week high $(3.1) to $1.02. However, there is some good that has come from HYMC's poor recent performance. HYMC's recent adversity has resulted in a great opportunity for investors, as their financial ratios are more attractive now than they have previously been.

Effects of the Upgrade on HYMC's Social Sentiment

Here are the latest analytics from the HYMC Stocktwits and HYMC Twitter communities (over the last 24hrs):

  • 15 Posts (up 114.29%)
  • 11 Likes (down -38.89%)
  • 54,730 Impressions (up 1,684%)

  • 81 Tweets (down -10%)
  • 2,166 Likes (down -87.41%)
  • 428.26k Impressions (up 355.67%)

Stay Ahead of The Market By Tracking Real-Time HYMC Stock Trends

You may have noticed that the HYMC Twitter community is able to garner way more impressions than the HYMC Stocktwits community despite having relatively similar posting volumes. This is due to the fact that there are more large Twitter accounts posting about the HYMC stock on Twitter than there are in the HYMC Stocktwits forum. We will explore this topic further in the next section.

HYMC Twitter Accounts that Influence Social Sentiment

Here is a count of “whale” accounts that are active on HYMC Twitter:

  • 8 somewhat large Twitter accounts 10,000+ followers,
  • 1 large Twitter accounts with 100k+ followers

Whether you are trying to stay up-to-date on posting volumes, likes, and/or impressions within a stock's Stocktwits and/or Twitter communities; diving deeper into the “whale” accounts that are driving sentiment in the HYMC Stocktwits and/or Twitter communities, or just keeping up with how different stocks are ranking in terms of their social sentiment; there is no better time to get familiar with social sentiment data.

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