Sprott Inc (SII) Soars 1.91% on Copper ETF Expansion

Sprott Inc (SII) shares surged to a record high today, with an intraday gain of 1.91%.

The strategy of buying SII shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.56% annualized return and a 37.41% total return as of the latest data point, May 7, 2025. However, the strategy underperformed the benchmark Nasdaq Composite Index, which had a 14.33% annualized return and a 65.46% total return over the same period. The Sharpe ratio was 0.70, indicating a reasonable risk-adjustured return.

Sprott Inc has announced the addition of a physical copper allocation to its Copper Miners ETF (COPP), effective June 23, 2025. This move makes COPP the first ETF to offer investment exposure to physical copper, as well as pure-play exposure to large-, mid-, and small-cap copper miners. This strategic initiative is anticipated to bolster market confidence and attract investors seeking unique exposure to the copper market.

Sprott Inc's stock has reached a new 52-week high, hitting $56.47. This milestone underscores strong market confidence and investor interest in the company's strategic initiatives, particularly those related to the COPP ETF. The stock's performance reflects the positive market sentiment and the potential for further growth.

Sprott Inc has also crossed above the average analyst 12-month target price of $55.88, further indicating positive market sentiment and the potential for continued growth. This development suggests an increased investor interest in Sprott Inc and its innovative approach to the copper investment market through its ETF offerings.