Welcome to our dedicated page for Sprott news (Ticker: SII), a resource for investors and traders seeking the latest updates and insights on Sprott stock.
Sprott Inc. (SII) generates a steady flow of news tied to its role as a global asset manager focused on precious metals and critical materials investments. Company announcements often highlight developments in its exchange listed products, including physical bullion trusts and ETFs that track metals and mining-related indices, as well as updates on assets under management and corporate actions.
News items frequently cover ETF launches and product milestones. Examples include the introduction of the Sprott Active Metals & Miners ETF (METL) and the Sprott Silver Miners & Physical Silver ETF (SLVR), as well as reports on asset growth in these funds. Sprott also issues releases about methodology changes to indices tracked by its ETFs, such as adjustments to the Solactive Junior Gold Miners Custom Factors Index for SGDJ or the North Shore Global Uranium Mining Index for URNM, explaining how eligibility and weighting rules evolve over time.
Investors following SII news can also expect financial and corporate updates. The company reports quarterly results, including assets under management by segment, management fee trends and net inflows, through earnings releases and accompanying webcasts. Dividend declarations, dividend increases and details of normal course issuer bids and automatic share purchase plans are also communicated via press releases that are furnished to regulators.
Other recurring topics include milestones for physical trusts, such as net asset value thresholds reached by the Sprott Physical Silver Trust (PSLV), and changes related to sub-advisors or portfolio managers for Sprott-branded funds. For anyone tracking Sprott’s role in metals and mining-focused asset management, this news feed provides a centralized view of product changes, index methodology updates, distribution policies and broader strategic commentary from management.
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.
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.