Sprott Inc. (SII) Maintains "Hold" Rating with Increased Price Target

Core Viewpoint - TD Securities has maintained a "Hold" rating for Sprott Inc. while raising the price target to C$180 from C$176, indicating confidence in the company's growth potential in the precious metals sector [1][5] Financial Performance - Sprott reported a significant increase in Assets Under Management (AUM), reaching $59.6 billion by the end of 2025, which represents a 21% rise from $49.1 billion in September 2025 and an 89% increase from $31.5 billion at the end of 2024 [2] - The growth in AUM was attributed to market value appreciation and $3.9 billion in net sales, particularly in the Exchange Listed Products segment [2] Market Conditions - The year 2025 was favorable for precious metals, with gold, silver, platinum, and palladium outperforming traditional asset classes, reinforcing the strong fundamentals of precious metals as emphasized by Sprott's CEO [3] - The company's investment strategies in critical materials also performed well, driven by increasing investor demand [3] Stock Performance - Sprott's stock price has increased to $142.56, reflecting an 8.99% rise or $11.77, with fluctuations between $132.43 and $142.685 on the same day [4] - The stock has a 52-week high of $143 and a low of $39.33, with a market capitalization of approximately $3.68 billion and a trading volume of 263,847 shares [4]