Toronto, Feb 23, 2026, 08:45 (ET) — Premarket
Sprott Inc shares were up 1.2% at $145.65 in premarket trading on Monday, building on a 10% surge on Friday. The NYSE-listed stock closed at $143.98 after setting a new 52-week high of $144.36, according to data from StockAnalysis. (StockAnalysis)
The Toronto-based investment manager is closely tied to precious metals and “critical materials” investing, and its fee income can move quickly when prices rise and clients add money. That makes the stock a fast read-through on bullion sentiment, not just company-specific news.
Gold rose more than 1% to a three-week high on Monday after a U.S. Supreme Court ruling on tariffs pushed the dollar lower and stirred safe-haven demand. Spot gold was up 1% at $5,152.11 an ounce by 1145 GMT, while silver climbed 2.3% to $86.55, and markets were also awaiting signals from Federal Reserve speakers this week. “The price recovery in both gold and silver has likely been assisted by concerns or confusion even over the outlook for tariffs,” said independent analyst Ross Norman. (Reuters)
In Toronto, Sprott ended Friday up 9.94% at C$197.31, after touching an intraday high of C$197.48. (StockAnalysis)
Sprott said on Feb. 19 that fourth-quarter net income rose to $28.7 million, while carried interest and performance fees — its cut of gains in some funds — jumped to $38.1 million. Assets under management (AUM), or client money it oversees, were $59.6 billion at Dec. 31 and had climbed to $70.1 billion by Feb. 13 on market gains and net inflows, mainly into exchange-listed products, the company said. “Despite recent volatility, the fundamentals for precious metals remain compelling,” chief executive Whitney George said, and Sprott also pointed to higher at-the-market issuance activity in its physical uranium trust and an accounting shift that can add volatility to stock-based pay costs. (Sprott)
RBC Capital upgraded Sprott to Outperform from Sector Perform on Friday and lifted its target to C$218 from C$186, a The Fly report carried by TipRanks said. (TipRanks)
With U.S. cash trading still ahead, investors will watch whether Monday’s metals-led lift holds once the opening bell brings deeper liquidity. Premarket moves can fade quickly when spreads tighten and real volume turns up.
But Sprott’s operating leverage cuts both ways. A pullback in gold or silver can cool inflows and squeeze performance fees, while a firmer rate outlook can sap demand for non-yielding metals.
Sprott’s board declared a US$0.40 per-share quarterly dividend payable March 17 to shareholders on record March 2, the company said. Those dates are the next near-term markers for the stock as the week begins. (Sprott)
