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Stock impact report

Sprott Announces Year Ended 2023 Results [Financial Post (Toronto, Ontario, Canada)]

Sprott Inc. Common Shares (SII) 
Company Research Source: Financial Post
Management commentary Article content “In 2023, Sprott's Assets Under Management (“AUM”) increased by $5.3 billion (23%) to $28.7 billion driven largely by strong uranium prices and inflows to our exchange listed products. Much of this growth came late in the fourth quarter and is already positively contributing to our 2024 performance,” said Whitney George, Chief Executive Officer of Sprott. “The success of our uranium strategies has been a bright spot for Sprott clients and shareholders as they have grown to account for approximately 28% of our total AUM. During the year, we also expanded our critical materials product offerings with the launch of seven new ETFs in this rapidly growing category. Precious metals markets were relatively quiet in 2023, though gold still gained 13% on the year, despite high real interest rates.” Article content “Looking ahead, we believe we are well positioned to continue creating value for our shareholders in 2024. We have a strong pipeline of Show less Read more
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