Transaction log

  • Mar 24, 2020 - Bought 800 @ $1.57 (1.48% wtg, coffee can)

  • May 28, 2020 - Stock split, 1-for-10 (80 shares, 2.03% wtg)

  • Oct 5, 2023 - Bought 20 @ $29.40 (100 shares, 1.99% wtg)

  • Feb 28, 2024 - Sold 50 @ $37.57 (50 shares, 1.16% wtg)

Sprott, Inc.

Location: Toronto, Ontario, Canada

 

Profile

Industry: Asset management

Sector: Financial services

Theme: Inflation not dead

5-Year shareholder growth: +17.0%/year

Estimated fair value: $60

Valuation assumption: 4.0% MFCF yield

Insider ownership: 7.0%

Motto: “Contrarian, innovative, aligned”

Fair value estimate history

  • Dec-24 - $49 (4.0% MFCF yield)

  • Mar-25 - $56

  • Jun-25 - $60

History
Selling half of our Sprott and buying autonomous driving developer Mobileye Global
Selling half of our Sprott and buying autonomous driving developer Mobileye Global

Stock-based compensation expense has been creeping up at Sprott, a red flag. New speculation Mobileye Global is a bit of a moonshot. [trades]

Selling 5 equity stakes, adding to 4
Selling 5 equity stakes, adding to 4

Introducing Coffee Can rule #19: Water the flowers, pull the weeds. [trades]

Phil Grant lays out bull case for uranium
Phil Grant lays out bull case for uranium

“Having your yellowcake and eating it too.” Spot uranium prices are up 30% year-to-date, reaching the highest level in over a decade. The supply-demand situation sets the stage for further gains, says Phil Grant.

Sprott’s Whitney George initiates position in CF Industries
Sprott’s Whitney George initiates position in CF Industries

Whitney George and I often fish in the same ponds. No surprise we both hooked into CF Industries.

Seth Klarman is bargain hunting
Seth Klarman is bargain hunting

It is across the index divide that bargains abound… Active managers, after a decade of lagging the S&P 500 and having assets taken away, are looking at a ideal fishing conditions. [trades]