Sprott Stock Price, News & Analysis

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.

Sprott Inc. (NYSE/TSX: SII) has announced it will release its 2024 fourth quarter results on February 26, 2025, at 7:00 a.m. The company will host an earnings webcast at 10:00 a.m. on the same day. Whitney George (CEO), Kevin Hibbert (CFO), and John Ciampaglia (Sprott Asset Management CEO) will host the webcast. Research analysts covering Sprott can pre-register for the event through the provided registration link.

Sprott Inc. (NYSE/TSX: SII) has launched the Sprott Active Gold & Silver Miners ETF (Nasdaq: GBUG), the only active ETF focused on gold and silver miners. The fund aims for long-term capital appreciation by investing in gold- and silver-focused companies involved in exploration, development, mining, and royalty/streaming operations.

The ETF employs a value-oriented and contrarian investment strategy. According to John Hathaway, Managing Partner at Sprott, gold and silver mining stocks have historically correlated with bullion but have recently underperformed, suggesting potential for catch-up growth.

GBUG's investment team brings over 100 years of collective experience in metals and mining, conducting more than 200 management meetings annually and site visits globally. The ETF offers daily transparency, liquidity, and potential tax efficiency benefits.

Sprott Asset Management has launched the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR), the only U.S.-listed ETF offering pure-play exposure to both silver miners and physical silver. The ETF seeks to track the Nasdaq Sprott Silver Miners™ Index (NSLVR™) by investing at least 80% of its total assets in index securities.

SLVR joins Sprott's expanding ETF suite, which includes funds focused on gold miners (SGDM, SGDJ) and critical materials like uranium, copper, lithium, and nickel. The company emphasizes silver's dual role as both a precious metal and an industrial metal, highlighting its growing demand in clean technology, solar energy, automotive, and healthcare industries.

Sprott Inc. (NYSE/TSX: SII) reported strong Q3 2024 financial results with Assets Under Management (AUM) reaching $33.4 billion, up 8% from June 30, 2024, and 16% from December 31, 2023. The company achieved record-high AUM for the third consecutive quarter, driven by strong gold and silver prices and $589 million in net sales. Net income increased 87% to $12.7 million ($0.50 per share), while management fees rose 18% to $38.7 million. The Board declared a quarterly dividend of $0.30 per share, representing a 20% increase. The company expects to become debt-free by month-end and maintains a positive outlook based on its positioning in precious metals and critical materials.

Sprott (NYSE/TSX: SII) has announced a 20% increase in its quarterly dividend, declaring a third quarter 2024 dividend of US$0.30 per common share. The dividend will be paid on December 3, 2024, to shareholders of record as of November 18, 2024. Canadian registered shareholders will receive payments in Canadian dollars, while international shareholders will receive US dollars. The dividend is designated as eligible for Canadian income tax purposes. Shareholders have options to elect their preferred currency for dividend payments through their respective depositories.

Sprott Inc. (NYSE/TSX:SII) has announced it will release its third quarter 2024 financial results on November 6, 2024, 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 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.