Sprott Inc. Reports Growth and New Copper Fund Launch
Company Announcements

Sprott Inc. Reports Growth and New Copper Fund Launch

Story Highlights

Sprott (TSE:SII) has released an update.

Sprott Inc. has reported a successful second quarter in 2024 with Assets Under Management increasing to $31.1 billion, signifying a growth in both market value appreciation and net inflows. The company launched the Sprott Physical Copper Trust, marking its entry into physical copper funds, which complements its suite of critical materials investment strategies. Despite a dip in net income due to a one-time asset realization last year, the underlying financial performance shows strength with increased net sales and management fees.

For further insights into TSE:SII stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlySprott price target lowered to C$65 from C$68 at TD Securities
TheFlySprott reports Q2 EPS 53c vs. 70c last year
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!