Sprott Silver Miners & Physical Silver ETF Price & Performance (SLVR)

Sprott Inc. announced a 21% year-over-year increase in Q4 2024 net income, reaching $11.7 million. The firm also became debt-free and saw a 10% rise in assets under management to $31.5 billion. Despite missing EPS estimates, investor confidence drove a 1% gain in stock value, closing at $42.79.1

Sprott has launched its first actively managed ETF, the Sprott Active Gold & Silver Miners ETF (GBUG). This fund focuses on undervalued gold and silver mining stocks, aiming for long-term capital appreciation. The ETF leverages Sprott’s extensive expertise in precious metals, offering a contrarian investment strategy.234

Gold prices have soared to new highs, with spot bullion briefly touching $2,954.84 per ounce. Analysts attribute the rally to heightened geopolitical tensions and economic instability, prompting investors to seek safe-haven assets. The trend has also reignited interest in gold-focused investment vehicles.56