Sprott Stock Price, News & Analysis

Sprott Physical Uranium Trust (SPUT) has successfully completed a US$25.55 million non-brokered private placement of trust units. The funds will be used to cover the Trust's general operating expenses for the upcoming year. SPUT, launched in 2021, has accumulated approximately 48 million pounds of U3O8 without selling or lending any uranium.

Post-offering key statistics reveal SPUT as the world's largest physical uranium fund with 166.2 million pounds of physical uranium, US$31.4 million in net cash, and a net asset value of US$4.64 billion. The Trust stores uranium across facilities in Canada, the United States, and France.

Sprott Inc. (NYSE/TSX: SII) has declared its first quarter 2025 dividend of US$0.30 per common share. The dividend will be paid on June 4, 2025 to shareholders of record as of May 20, 2025. Canadian registered shareholders and CDS participants will receive payments in Canadian dollars, while shareholders outside Canada will receive payments in U.S. dollars. The dividend is designated as an eligible dividend for Canadian tax purposes.

Sprott Inc. (NYSE/TSX:SII) has scheduled the release of its 2025 first quarter financial results for May 7, 2025 at 7:00 a.m. The company will host an earnings webcast at 10:00 a.m. ET on the same day. The webcast will feature key executives including CEO Whitney George, CFO Kevin Hibbert, and Sprott Asset Management CEO John Ciampaglia. Research analysts covering Sprott can pre-register for the event through a dedicated registration link.

Sprott Physical Silver Trust (PSLV) has achieved a significant milestone with its net asset value (NAV) surpassing US$6 billion. The Trust, managed by Sprott Inc. (NYSE/TSX: SII), has established itself as the second-largest exchange-listed physical silver fund globally, holding 182.1 million ounces of silver for its unitholders.

The Trust has demonstrated substantial growth, acquiring over 120 million ounces since 2020 and 1.5 million ounces in 2025 to date. PSLV offers investors a liquid, exchange-listed vehicle for physical silver ownership, with prices closely tracking the spot silver market. The Trust received physical redemption requests for 866,000 ounces in 2024, with no redemption requests recorded in 2025.

Sprott Physical Gold Trust (NYSE Arca/TSX: PHYS) has achieved a significant milestone as its net asset value (NAV) exceeded US$10 billion. The Trust, launched in 2010, currently holds 3.4 million ounces of gold on behalf of its unitholders as of March 13, 2025.

PHYS provides investors with a secure and exchange-traded alternative for holding physical gold bullion without direct ownership complications. The Trust's gold holdings are fully allocated and redeemable by investors, subject to minimum holding requirements. According to Sprott executives, gold prices have reached new records in 2025, primarily driven by global central bank purchases, with expectations of accelerated growth and increased investor participation.

Sprott Inc. (NYSE/TSX: SII) has received approval from the Toronto Stock Exchange for a new normal course issuer bid (NCIB). The company can purchase up to 645,333 common shares (2.5% of outstanding shares) for cancellation through TSX, alternative Canadian trading systems, and NYSE at market prices.

The buyback period runs from March 11, 2025 to March 10, 2026. Daily purchases on TSX are to 6,691 shares (25% of six-month ADTV of 26,765 shares), except for block purchase exemptions.

Under the previous NCIB (March 2024-2025), Sprott purchased 49,706 shares total: 34,048 shares on TSX/Canadian systems at C$59.08 average price (C$2.01M total) and 15,658 shares on NYSE at US$41.43 average price (US$648,672 total).

Sprott Inc. (NYSE/TSX: SII) reported its financial results for the year ended December 31, 2024, showing strong performance despite Q4 challenges. Assets Under Management (AUM) reached $31.5 billion, marking a 10% increase from December 31, 2023, despite a 6% decline from Q3 2024. By February 21, 2025, AUM further increased to $33.5 billion.

Key financial highlights include:

• Management fees rose 20% to $41.4 million in Q4, with full-year fees up 17% to $155.3 million
• Net income increased 21% to $11.7 million ($0.46 per share) in Q4, with full-year earnings up 18% to $49.3 million ($1.94 per share)
• Adjusted base EBITDA grew 19% to $22.4 million in Q4, with full-year figures up 18% to $85.2 million

The company benefited from strong precious metals prices and $698 million in net sales, primarily in physical trusts and uranium and critical materials ETFs. The Board declared a quarterly dividend of $0.30 per share.

Sprott Inc. (NYSE/TSX: SII) has announced its fourth quarter 2024 dividend of US$0.30 per common share. The dividend will be paid on March 25, 2025 to shareholders of record as of March 10, 2025.

Canadian registered shareholders and CDS participants will receive payments in Canadian dollars, calculated using the March 25, 2025 spot exchange rate. Shareholders outside Canada, including U.S. residents, will receive payments in U.S. dollars. Canadian beneficial holders through CDS can opt to receive payments in U.S. dollars by contacting their broker. The dividend qualifies as an eligible dividend for Canadian tax purposes.