Sprott Stock Price, News & Analysis

Sprott announced an Investor Webcast scheduled for April 6, 2021, at 10:00 a.m. ET. Presenters will include CEO Peter Grosskopf, President Whitney George, CFO Kevin Hibbert, and CEO of Sprott Asset Management, John Ciampaglia. Investors can register and submit questions in advance through a provided link. Sprott is a global asset manager known for precious metal investments, with offices in Toronto, New York, and London. The company’s stock is listed on both NYSE and TSX under the symbol SII.

Sprott Inc. (SII) announced approval from the Toronto Stock Exchange for a normal course issuer bid (NCIB) to repurchase up to 642,576 common shares, approximately 2.5% of its outstanding shares. The buyback, set to begin on March 3, 2021, and end on March 2, 2022, aims to enhance shareholder liquidity, as Sprott believes its shares are undervalued compared to its business prospects. In the prior NCIB, Sprott repurchased 186,403 shares at an average price of C$27.00, totaling C$5,034,300.30.

Sprott Inc. (SII) reported strong financial results for 2020, with Assets Under Management (AUM) reaching a record high of $17.4 billion, an increase of 88% year-over-year. Adjusted base EBITDA rose 52% to $44.2 million, driven by significant market appreciation and inflows, particularly in physical trusts. The company reported net income of $27 million, up $16.8 million from the previous year. Sprott was added to the S&P/TSX Composite Index and increased its dividend to $0.25 in February 2021. Despite these gains, finance income declined significantly by 65% due to the repayment of legacy loans.

Sprott Inc. (NYSE/TSX: SII) has declared a fourth quarter 2020 dividend of US$0.25 per common share, scheduled for payment on March 23, 2021. Shareholders on record by March 8, 2021 will receive their dividends, with Canadian residents receiving payments in Canadian dollars and other shareholders in U.S. dollars. The dividend qualifies as an eligible dividend for Canadian tax purposes.

Sprott is a global leader in precious metal investments, with a focus on providing specialized investment strategies.

Sprott Inc. (NYSE:SII) will host a conference call on February 26, 2021, at 10:00 a.m. ET, to discuss its 2020 annual results. The financial results will be released at 7:00 a.m. ET on the same day. Interested participants can join the call by dialing (855) 458-4215 with conference ID 7372646. A taped replay will be available until March 5, 2021. Sprott is a leading global asset manager specializing in precious metal investments, with offices in Toronto, New York, and London.

Sprott Inc. reported its financial results for Q3 2020, with Assets Under Management (AUM) totaling $16.3 billion, a 17% increase from June 30, 2020. Total net revenues reached $31.3 million, up 82% from the previous year. Net income stood at $8.7 million ($0.36 per share), reflecting a significant increase of $4.4 million year-over-year. The company also announced an 8.7% dividend increase, raising the quarterly dividend to USD $0.25 per share. Sprott's strong financial performance is attributed to increasing precious metals prices and successful asset management.

Sprott Inc. (NYSE/TSX: SII) has announced a third quarter 2020 dividend of US$0.25 per common share, reflecting an 8.7% increase from the previous quarter. This dividend is payable on December 8, 2020, to shareholders on record as of November 23, 2020. Canadian residents will receive dividends in Canadian dollars, while registered shareholders outside Canada will receive them in U.S. dollars. The dividend qualifies as an eligible dividend for Canadian income tax purposes, providing shareholders with a reliable income stream.

Sprott Inc. (NYSE:SII, TSX:SII) announced a conference call scheduled for November 13, 2020, at 10:00 a.m. ET, to discuss its third-quarter 2020 financial results. The results will be released earlier that day at 7:00 a.m. ET. Interested participants can join the call by dialing (855) 458-4215 ten minutes prior, using conference ID 6191323. A taped replay will be available until November 20, 2020. Sprott is a leading alternative asset manager specializing in precious metal investments.

Sprott Inc. (SII) announced its addition to the S&P/TSX Composite Index effective September 21, 2020. This recognition reflects its strong performance, as the TSX ranked Sprott among the 30 top-performing stocks over three years in the TSX30 program. CEO Peter Grosskopf highlighted the addition as a testament to the company’s achievements and expressed optimism about the precious metals market. The S&P/TSX Composite Index serves as the primary benchmark for the Canadian equity market, while the TSX30 recognizes top-performing stocks based on adjusted share price appreciation.