Canada markets closed

Sprott Inc. (SII)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
33.51+0.01 (+0.03%)
At close: 04:00PM EDT
33.51 0.00 (0.00%)
After hours: 04:49PM EDT

Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Sept. 30.

Sign in to post a message.
  • A
    Earnings down to $.03/share, down from $.44/share a year ago. They declared a $.25 dividend. Pretty meaningless when SII loses 5 times this amount in a single day.
  • K
    Called SPROTT today for when Q3 results will come out... they said the announcement for that will be this Friday and their results will be available on 11/13/2020. What if gold gets to $2,500 by June 2021? That should bode well for SPROTT... ehhh?
  • D
    PSLV AND PHYS DOWN how does.this go up and I dont see any earnings per EPS? but it pays a dividend .. I am in pslv. thanks
  • Z
    So we got a gold royalties Co with no debt, making a profit, run by some of the biggest names in the industry, at a low price, paying a 4% dividend heading into a gold bull market? I'm in, what's not to love?
  • @
    I have considered just copying everything sprott does and buying into as many stocks as I can that he personally owns. Thoughts?
  • t
    interesting company
  • F
    Former Deputy Assistant
    Pardon my shock. This is the biggest single day move I've seen in 6 years.
  • K
    I'm hanging in there for 1 year... great divi, but yeah... of course, price action would be nice too! Looking very much forward to probably another company record setting earnings report... which I think is March 1st.
  • R
    Hi Laura

    First time poster here. Just got my user ID and password set up recently. Look forward to posting now and forward to share my opinions.

    Yes I agree with you. Better to just buy Sprott Inc and ride it up during the next few years as this bull market in precious metals continues to move up.

    Have owned Sprott Inc over the last 5-7 years and most of my purchases were in the $2.50. Average cost today is $2.70(pre 10:1 split) or $27.50 post split. I have waited all this time because I knew sooner or later this bull market would get going. I saw a huge run up in profits after the recent NYSE listing. Profits were around $120k at peak $57 SP recently. Have given back around $50k in profits on the recent drop in price from the peak. It doesn’t bother me as this is a “buy and hold” over the next few years.

    With all the money printing and stimulus seen so far and much more to come, we will easily reach and exceed the $57 SP recent highs. Precious metals miners will have more upside however the royalty companies are safer and will also enjoy the ride up. An asset management company like Sprott us a very safe bet to me too.

    Francis I like your posts on this board too. I loved your analysis on Sprotts $3.2b of surplus Capital they had to work with you mentioned a few times. Can you perhaps elaborate on what the potential opportunities that would do to the Share price here if the maximize those opportunities you provided? Curious to know what our upside here is in price not just for that surplus but also if we get a $2,500 or higher gold price as many are expecting


  • L
    Laurent B.
    Any inisght on this ongoing weakness with SII? Very disappointing despite solid fundamentals
  • D
    Oh, and it pays a 4% dividend... :-)
  • M
    Went from SPOXF to SPOXD on the OTC. Will list on the NYSE soon. 10:1 reverse split allows it to be placed in institutional accounts. The run up is from money flows plan and simple. What was 2.60 is now 26.00 with a tenth of the shares, the rest is money flow. Sorry if you missed it
  • F
    I’m ready to dump any notion that there’s an undeclared capital surplus of $3.2b. U.S., and instead proceed with the facts on the Q3 report:

    My impression about the conference call is that respondents are obliged to closely examine the minutiae on the quarterly statement, since the P/E ratio is extraordinarily high. How on earth will the stock price go up, with the P/E ratio so high? But then you compare with other royalty companies in the space, the ratio is nearly the same.

    Everything seems in order, the stock price will go up as the gold price goes up.

    The question to ask, really, is how is the company expected to grow? The company expects to grow net sales and net inflows(this is the first time looking at their MD&A). There are only very few instances of net sales and net inflows using a page search through the Q3 MD&A.

    I’m very reluctant to continue speculating and more strongly desirous of dealing in facts. This time around. The one fact I do know is that the accumulated deficit at $GBRIF has to be in the $850m. U.S. range. Another fact that I do know is that on amalgamation, the assets and liabilities of the target become the assets and liabilities of the parent.

    The one fact I don’t really know is the cost per ounce associated with extracting so many ounces(the total ounces is unclear) from the La Ronge Gold Project.

    If the accumulated deficit strictly matches the capital held in Private Lending LP, then the amounts in the private lending LP being commensurate with this figure would mean that the total number of ounces delivered to precious metals trusts would have a per ounce cost below $300 U.S.

    This substantially changes my assumptions that the cost associated with gold produced from $GBRIF is $1000/oz. U.S. As concerns this balance sheet, those assumptions of $1000/oz. U.S. are plainly wrong.

    The capital surplus held within the Private Lending LP IS commensurate with a modified expectation of a lower cost quartile assumption, but this changes my expectations as to the amounts held in the Private Lending LP, or - capital surplus - There is a variance between the $ CAD and $ U.S. so the cost quartile of the mining prospect in $ CAD would vary significantly with a $U.S. figure over several fiscal years.

    If you go back further in prior fiscal years, amounts held under Private Lending LPs fall under Alternative Investment Strategies, where the actual figure associated with providing doré to physical precious metals trusts becomes obscured.
    There is a seriously huge net sales and net inflow from the $PHYS at-the-market capital raise, which, once fully subscribed, goes under Private Lending LP.

    After tossing out my previous assumptions of a huge, unreported capital surplus, the amounts held under Private Lending LPs and the recent at-the-market capital raise would suffice for an amalgamation of $SRHI with the parent once $SRHI acquires control of $GBRIF and a gold off-take from Minera Très Valles is agreed upon.

    The amounts in question are $900 m U.S. to go to financing development at the La Ronge Gold Project, and $1.5b. U.S. from the at-market capital raise of $PHYS goes to purchasing a gold off-take from MTV. Probably all under the guise of financing.

    The completion of this whole strategy is called an Internal Capital Reorganization.

    The growth in question to come will be achieved by concluding the internal capital reorganization in the very near term, and the longer term acquisitions and possible future net inflows from more IPOs or at-the-market issuances. This does not rule out providing financing to mining prospects in the future.

    There ‘s a very bright future in store based on growth in the business.
  • K
    Haaa! Got in today at $39.75 & after hours its down to $37/-5.63%. Hope I didn't jinx SII! I'll be long long on this, so not panicking... hope it will pop right back though! I've heard the gold rush could last a few years. Any thoughts? Thanks
  • D
    Ray, do your research, Sprout is a world class company, run by very experienced and successful people. Great assets with tremendous upside over the next few years.
  • j
    Still happy to be holding my Feb 2022 $40 calls @ $1.6 ea. Some good things happening over @ Sprott. They are my shovel and Picks play.
  • L
    Laurent B.
    Seems like despite gold outflows and metals prices going down there is some buying volume on Sprott. Any insight?
  • D
    Over the next 5 years or so, this will prove to be one of the best performing stocks in No America. Great assets, excellent management team...but most analysts don't quite know how to value it. They will soon, as it heads toward becoming a 10 or 20 bagger.
  • P
    Invested in this company after listening to Rick Rule talk
  • K
    Oh yeah! Another record breaker with Sprott! Their buying back $14.5 million in shares starting March 3rd - mmmm mmmm good!! Nice work Sprott!! These guys are truly solid!!