Sprott Inc. announced its financial results for the first quarter ended March 31, 2025, reporting Assets Under Management (AUM) of $35.1 billion. This represents an 11% increase from $31.5 billion at December 31, 2024, driven by surging gold prices and strong inflows.
The AUM growth during the quarter was fueled by over $3.1 billion of market value appreciation and approximately $407 million of net flows, primarily into physical gold and silver strategies. Subsequent to quarter-end, as of May 2, 2025, AUM further increased to $36.5 billion, with an additional $816 million of net flows.
Sprott also announced an amendment to its Normal Course Issuer Bid (NCIB) to allow purchases for cancellation through alternative U.S. trading systems, in addition to Canadian exchanges. This enhances the company's flexibility in its share repurchase program.
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