Sprott Inc
TSX:SII

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Sprott Inc
TSX:SII
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Price: 57.87 CAD 1.33% Market Closed
Market Cap: 1.5B CAD

Sprott Inc
Investor Relations

Sprott Inc., founded in Canada, is a distinctive entity in the financial world, with a clear-cut focus on the precious metals and real assets sector. The firm has carved out a niche by providing bespoke investment strategies that cater to this specific market segment, offering a range of services including asset management, wealth management, and brokerage solutions. By harnessing its deep expertise in precious metals, Sprott has positioned itself as a trusted partner for investors seeking exposure to gold, silver, and other related commodities. This focus has allowed the company to tap into the unyielding allure and historical significance of these assets, which are often seen as safe havens during turbulent financial times.

The company generates revenue through various channels, the primary being fees from its asset management services. These services involve managing mutual funds, exchange-traded funds (ETFs), and private funds that invest in the precious metals and real assets domain. Additionally, Sprott derives income through commissions and fees from its brokerage operations, offering tailored financial advice and services to high-net-worth individuals and institutional clients. Its robust business model is underpinned by the cyclical nature of commodities, allowing Sprott to leverage its specialized expertise, thereby creating value for its clients. By aligning its interests with a particularly resilient asset class, Sprott not only fortifies its own financial foundation but also enhances its appeal as a guardian of wealth for investors seeking stability and potential growth.

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SII
S&P TSX Composite Index (Canada)

Earnings Calls

2024 Q3
Nov 6, 2024
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Sprott Reports Record Growth and Increased Dividends Amid Rising Precious Metals Demand
2024 Q3
Nov 6, 2024

In the third quarter, Sprott Inc. achieved record assets under management (AUM) of $33.4 billion, up $2.3 billion due to strong precious metals prices, particularly gold, which surged 32% year-to-date. Net income rose 87% to $12.7 million as sales momentum strengthened with $617 million in net inflows, the highest in two years. Additionally, a 20% increase in dividends was announced, supported by a strong balance sheet expected to be debt-free by year-end. Looking ahead, Sprott plans to launch two new precious metals ETFs in early 2025, indicating ongoing confidence in the market's future growth.

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Management

Mr. William Whitney George
CEO & Director
No Bio Available
Mr. Arthur Einav
Senior Managing Partner, General Counsel, Corporate Secretary & Co-head of Ent. Shared Services
No Bio Available
Mr. Edward C. Coyne
Senior Managing Partner of Global Sales & Head of Global Sales
No Bio Available
Mr. John Ciampaglia CFA
Senior Managing Partner
No Bio Available
Mr. Dan Elder
Managing Partner & CTO
No Bio Available
Mr. Vishal Chhabra
Managing Partner of Compensation, Finance Administration & Outsourcing
No Bio Available
Mr. Glen Williams
Managing Partner of Investor & Institutional Client Relations and Head of Corporate Communications
No Bio Available
Ms. Heather MacLeod
Senior Managing Partner & Chief Marketing Officer
No Bio Available
Mr. Andrew James Stronach P.E., P.Eng
Managing Partner of Corporate Development & ESG
No Bio Available
Mr. Jason G. Mayer C.F.A., M.B.A.
Managing Partner
No Bio Available

Contacts

Address
ONTARIO
TORONTO
Suite 2600, 200 Bay Street, Royal Bank Plaza, South Tower
Contacts
+14169434065.0
sprott.com