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 (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.
Sprott Inc. (NYSE/TSX: SII) announced its Q2 2024 financial results, reporting a rise in Assets Under Management (AUM) to $31.1 billion, a 6% increase from Q1 2024. The company achieved positive net sales with $357 million in net inflows, along with $110 million from the IPO of the Sprott Physical Copper Trust (COP).
Key financial highlights include:
- Management fees: $38.1 million, up 16% YoY
- AUM: $31.1 billion, up 6% QoQ and 8% YoY
- Net income: $13.4 million ($0.53 per share), down 25% YoY
- Adjusted base EBITDA: $22.4 million, up 25% YoY
The decrease in net income was attributed to the absence of a non-recurring $18.6 million asset realized last year. Higher management fees and market value appreciation contributed to the earnings.
Sprott Inc. (NYSE/TSX: SII) has announced a second quarter 2024 dividend of US$0.25 per common share, payable on September 3, 2024, to shareholders of record as of August 19, 2024. The dividend will be paid in Canadian dollars for registered Canadian shareholders and beneficial holders through CDS, while others will receive it in U.S. dollars. The exchange rate for Canadian dollar payments will be based on the spot price on September 3, 2024. Shareholders can elect to change their dividend currency by contacting their broker or making arrangements with CDS before August 19, 2024. This dividend is designated as an eligible dividend for Canadian income tax purposes.
Sprott Inc. (NYSE:SII) (TSX:SII) has announced the date for its 2024 second quarter results webcast. The company plans to release its Q2 results on August 7, 2024, at 7:00 a.m. This will be followed by an earnings webcast at 10:00 a.m. ET on the same day. The webcast will be hosted by Sprott CEO Whitney George, CFO Kevin Hibbert, and Sprott Asset Management CEO John Ciampaglia. Interested parties can access the webcast through the provided audio link. Research analysts covering Sprott are advised to register separately using a specific registration link.
Sprott Inc. announced the successful results of its Annual Meeting of shareholders where all resolutions were approved. The seven director nominees were elected, and KPMG LLP was re-appointed as auditor. Detailed voting results can be found on Sprott's profile on SEDAR+.
Sprott Inc. (NYSE/TSX: SII) reported financial results for Q1 2024, with AUM reaching $29.4 billion by March 31, 2024, driven by strong gold and silver prices but offset by weakness in uranium. Revenue increased by 17% to $36.4 million, while net income grew by 51% to $11.6 million. The company introduced new ETFs and expects a volatile 2024 due to geopolitical conflicts and inflation.
Sprott Inc. declared a first quarter 2024 dividend of US$0.25 per common share, payable on June 5, 2024. Shareholders of record at the close of business on May 21, 2024, will receive the dividend in either Canadian or U.S. dollars based on their residency and holding method. The dividend is designated as an eligible dividend for Canadian income tax purposes.
Sprott Inc. announced the date for its first quarter results webcast, scheduled for May 8, 2024. The webcast will be hosted by Sprott's CEO, CFO, and Asset Management CEO. Research analysts covering the company should pre-register for the event.
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