Sprott (NYSE:SII) Issues Quarterly Earnings Results

Sprott (NYSE:SII) posted its quarterly earnings data on Wednesday. The company reported $1.33 earnings per share for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.01), RTT News reports. Sprott had a return on equity of 23.54% and a net margin of 21.99%.During the same period last year, the firm earned $0.52 EPS.

Here are the key takeaways from Sprott’s conference call:

• Precious-metals volatility pressured results: Gold fell 14.1% and silver 22% in the quarter, driving a CAD 9.5 billion decline in AUM to CAD 55.6 billion and CAD 400 million of net redemptions, primarily from physical precious-metals trusts.
• Despite the quarterly pullback, average AUM rose 70% year over year to CAD 63.9 billion, while adjusted EBITDA doubled to CAD 50.8 million and net income increased to CAD 34.3 million, reflecting higher average AUM and operating leverage.
• Critical-materials products remained a growth area, generating positive net sales even in a difficult market. Management highlighted continued investor interest in copper, uranium, and rare earths, with the Rare Earths ETF Ex-China reaching CAD 50 million in assets in 32 trading days.
• The company reported a 71% adjusted EBITDA margin, a debt-free balance sheet, strong liquidity, and continued share repurchases that become more aggressive at lower stock prices. Management also expects to close its fourth private lending fund sometime in 2027.

Sprott Trading Up 10.1%

Shares of NYSE:SII traded up $10.62 during midday trading on Wednesday, hitting $115.36. 533,345 shares of the stock were exchanged, compared to its average volume of 218,337. The company has a 50 day moving average price of $114.55 and a 200-day moving average price of $129.44. Sprott has a twelve month low of $61.94 and a twelve month high of $169.63. The stock has a market cap of $2.97 billion, a P/E ratio of 35.28 and a beta of 0.83.

Sprott Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.60 annualized dividend and a yield of 1.4%. Sprott’s dividend payout ratio is 48.93%.

Institutional Trading of Sprott

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd grew its stake in Sprott by 63.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 385 shares of the company’s stock worth $38,000 after acquiring an additional 150 shares during the period. Mariner LLC boosted its position in Sprott by 2.8% during the 4th quarter. Mariner LLC now owns 6,950 shares of the company’s stock worth $681,000 after purchasing an additional 192 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Sprott by 1.5% during the second quarter. The Manufacturers Life Insurance Company now owns 15,351 shares of the company’s stock worth $1,056,000 after purchasing an additional 225 shares in the last quarter. Aristides Capital LLC grew its stake in shares of Sprott by 4.7% in the fourth quarter. Aristides Capital LLC now owns 6,273 shares of the company’s stock valued at $614,000 after buying an additional 280 shares in the last quarter. Finally, National Bank of Canada FI raised its stake in shares of Sprott by 1.5% during the third quarter. National Bank of Canada FI now owns 19,927 shares of the company’s stock valued at $1,650,000 after purchasing an additional 292 shares during the period. Hedge funds and other institutional investors own 28.30% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on SII shares. Royal Bank Of Canada increased their price target on Sprott from $218.00 to $230.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Wall Street Zen upgraded shares of Sprott from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. TD Securities reaffirmed a “hold” rating on shares of Sprott in a report on Thursday, May 7th. Finally, Weiss Ratings lowered shares of Sprott from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $230.00.

Trending Headlines about Sprott

Here are the key news stories impacting Sprott this week:

• Positive Sentiment: Second-quarter EPS rose to $1.33 from $0.52 a year earlier, reflecting strong year-over-year earnings growth. However, results were narrowly below the $1.34 analyst consensus. Sprott reported a 21.99% net margin and 23.54% return on equity. Sprott Announces Second Quarter 2026 Results
• Positive Sentiment: The board declared a quarterly dividend of US$0.40 per share, payable September 1 to shareholders of record August 17. The dividend represents an annualized yield of approximately 1.5% and reinforces Sprott’s shareholder-return policy. Sprott Inc. Declares Second Quarter 2026 Dividend
• Neutral Sentiment: Sprott’s earnings presentation and conference materials provide additional detail on quarterly performance, assets, and management’s outlook for its precious-metals and critical-materials investment businesses. Sprott Inc. 2026 Q2 Results Earnings Call Presentation
• Negative Sentiment: Assets under management fell 15% quarter over quarter to $55.6 billion as of June 30, from $65.1 billion at March 31. Because Sprott earns fees largely tied to managed assets, sustained AUM pressure could weigh on future fee revenue and profitability. Sprott Announces Second Quarter 2026 Results
• Negative Sentiment: The $1.33 EPS result narrowly missed expectations, potentially tempering the market’s reaction despite the substantial improvement from the prior-year quarter.

About Sprott

Sprott Inc is a Toronto‐based alternative asset manager specializing in precious metals, real assets and related investment vehicles. Founded in 1981 by Eric Sprott, the firm has built a reputation for offering physically backed bullion trusts, exchange‐traded funds (ETFs), mutual funds and private managed accounts that provide exposure to gold, silver, platinum and other hard assets. Sprott’s product lineup also includes royalty and streaming strategies, which grant investors long‐term participation in mining project cash flows without direct operational risk.

In addition to its flagship physical bullion trusts, Sprott offers actively managed equity portfolios that focus on companies engaged in the exploration, development and production of precious metals.