Sprott Stock Price, News & Analysis

Sprott Critical Materials ETF (Nasdaq: SETM) reached $100 million in assets under management as of September 23, 2025. SETM offers targeted, pure-play exposure to a broad range of critical materials and mining equities tied to electrification and energy security, including uranium, copper, lithium, nickel, cobalt, graphite, manganese, rare earths and silver.

The ETF tracks the Nasdaq Sprott Critical Materials™ Index and selects companies with a majority of business operations tied to critical materials, focusing on upstream activities like mining, exploration, production, recycling, refining and smelting. SETM is part of a seven-ETF Sprott Critical Materials suite.

Sprott (NYSE/TSX: SII) announced that the Sprott Physical Silver Trust (PSLV) has surpassed a net asset value of US$10 billion as of October 14, 2025. The Trust holds 202.6 million ounces of silver on behalf of unitholders as of October 13, 2025. Management credited recent all-time-high silver prices and rising demand for physical metal. All silver held by PSLV is fully allocated and redeemable subject to minimum holding requirements. On September 2, 2025, the Bourse de Montreal began listing options on the TSX-listed PSLV ticker.

Sprott Asset Management USA (NYSE: SII) announced that its Sprott Active Gold & Silver Miners ETF (GBUG) has reached $100 million in assets under management as of September 22, 2025. The ETF, launched on February 19, 2025, achieved this milestone in just over seven months.

GBUG is positioned as the only active ETF focused on gold and silver miners, offering a value-oriented and contrarian investment strategy. The fund invests in gold- and silver-focused companies involved in exploration, development, mining, and royalty/streaming operations. The ETF combines active management expertise with ETF benefits including daily transparency, liquidity, and potential tax efficiency.

GBUG is one of four Sprott Precious Metals ETFs, alongside SGDM, SGDJ, and SLVR, each targeting different segments of the precious metals market.

Sprott Asset Management USA, a subsidiary of Sprott Inc. (NYSE: SII), announced changes to the market capitalization requirements for the Solactive Junior Gold Miners Custom Factors Index, which is tracked by the Sprott Junior Gold Miners ETF (NYSE Arca: SGDJ).

Due to the exceptional 90% year-to-date performance of gold miners as of September 16, 2025, many junior miners have exceeded the previous $2 billion market cap ceiling. In response, Solactive AG is implementing a one-time adjustment, raising the maximum market capitalization threshold for eligible securities from $2 billion to $3 billion at the next scheduled rebalance.

Sprott Inc. (NYSE:SII) announced that Andrew Hicks, Senior Vice President and Director of ETF Portfolio Management, Trading and Research at SS&C ALPS Advisors, Inc., has departed from his role as portfolio manager of the Sprott Funds Trust effective September 10, 2025.

The fund management responsibilities will continue under Ryan Mischker, Senior Vice President of Portfolio Management & Research, and Charles Perkins, Associate Vice President of Portfolio Management & Research at ALPS Advisors, Inc., the sub-advisor to the Sprott Funds Trust.

Sprott Inc. (NYSE/TSX: SII) has announced the launch of the Sprott Active Metals & Miners ETF (Nasdaq: METL), an actively managed ETF focused on long-term capital appreciation in the metals and mining sector. The fund employs a value-oriented, contrarian strategy investing across miners, recyclers, and royalty companies.

Led by Senior Portfolio Manager Justin Tolman and a team of experienced professionals, METL's management conducts approximately 200 management meetings and up to 30 mining site visits annually. The ETF combines active management expertise with ETF benefits including daily transparency, liquidity, and potential tax efficiency.

METL joins Sprott's comprehensive ETF portfolio, which includes funds focused on precious metals, critical materials, uranium, copper, lithium, and nickel mining sectors.

Sprott Asset Management (NYSE:SII) announced that the Bourse de Montreal has begun listing options on the Sprott Physical Uranium Trust (TSX: U.UN, U.U) as of September 2, 2025. This marks a significant milestone as SPUT becomes the first physical uranium vehicle to offer options trading.

The new options trading capability will provide investors, traders, producers, and utilities with alternative methods to establish or hedge positions in physical uranium, particularly important given the absence of an active uranium futures market. The options trading symbol for SPUT is set as "U".

Sprott (NYSE/TSX: SII) reported strong Q2 2025 financial results, with Assets Under Management (AUM) reaching $40 billion, up 14% from Q1 2025 and 27% from December 2024. The company saw $1.2 billion in net sales during Q2, primarily in physical trusts.

Key financial metrics include management fees of $44.4 million (up 16% YoY), carried interest and performance fees of $14.8 million (up from $0.7M), and net income of $13.5 million ($0.52 per share). The company's growth was driven by rising precious metals and uranium prices, strong managed equities performance, and increased investor allocations to precious metals and critical materials strategies.

The Board declared a quarterly dividend of $0.30 per share. As of August 1, 2025, AUM slightly increased to $40.1 billion.

Sprott (NYSE/TSX: SII) has announced its second quarter 2025 dividend of US$0.30 per common share. The dividend will be paid on September 2, 2025 to shareholders of record as of August 18, 2025.

Canadian registered shareholders and CDS participants will receive payments in Canadian dollars based on the September 2, 2025 exchange rate, while shareholders outside Canada and DTC participants will receive U.S. dollar payments. Canadian beneficial holders can opt for U.S. dollar payments through their brokers. The dividend qualifies as an eligible dividend for Canadian tax purposes.