
TSE:SII
This summary was created by AI, based on 6 opinions in the last 12 months.
Sprott Inc. (SII-T) has garnered positive attention from analysts, emphasizing its strong free cash flow generation and significant increase in assets under management (AUM) to over $70 billion USD. The company is regarded as well-managed, particularly because it leverages its position within the US market while most of its workforce operates from Toronto. Analysts note the potential for Sprott to become a takeover target due to its substantial leverage to the natural resources extractive industry and the bullish sentiment surrounding precious metals, which is believed to be in an early to mid-stage bull market. There is a consensus that Sprott's earnings are closely tied to commodities and precious metals performance, suggesting that its successful trajectory may lead to further growth and acquisition interest in the coming years.
A good way to play gold? The short answer is Yes. This is a multi faceted organization and have several different business lines. If you see continued growth in gold and silver, you are going to get the combination of higher market values for gold, and as a result, higher NAVs. Also, it will attract flows.
This is a “risk on” trade as this was down 33% over the last year. This is a firm filled with some very original thinkers and they really, truly believe in what they are doing. Last year, at about this time, there was a rally of about 40% off of these lows. Stock is getting dumped and you might want to take advantage of that. Sees a three-month climb here. 3.4% dividend yield.
Funds have been a tough space and in the case of this one, they are very tied to the natural resource sector, which was great in the last decade but he doubts if this is going to be the place to be in the next decade. Have brought in a new roster of funds. At the current price, he doesn’t know that there is much downside left. He doesn’t have a lot of passion to be going into it.