TSX:SIICapital Markets
A Look At Sprott’s Valuation As Silver Trust Ups ATM Capacity To US$2.0b
Why Sprott’s updated silver trust funding move matters
Sprott (TSX:SII) drew fresh investor interest after its subsidiary, Sprott Asset Management LP, updated the at the market equity program for Sprott Physical Silver Trust to allow issuance of up to US$2.0b in units.
The Trust plans to use any proceeds to acquire additional physical silver bullion. This directly links this capital raising capacity to potential growth in assets under management and future fee revenue for Sprott’s broader...