Sprott Inc. announced its financial results for the year ended December 31, 2024, reporting Assets Under Management (AUM) of $31.5 billion. This represents a 10% increase from $28.7 billion at December 31, 2023, marking the company's seventh consecutive year of double-digit AUM growth.
The company benefited from strong precious metals prices and recorded $698 million in net sales during 2024, primarily driven by its physical trusts and uranium and critical materials ETFs. This highlights the continued investor demand for Sprott's specialized investment products.
Subsequent to year-end, as of February 21, 2025, Sprott's AUM further increased to $33.5 billion, up $2 billion or 6% from December 31, 2024. This sustained growth positions Sprott to capitalize on market trends in precious metals and critical materials.
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