Sprott (NYSE:SII) reported its Q1/23 earnings results on Friday, demonstrating strong net sales performance. The company incurred positive net sales for 15 consecutive quarters which is attributed in part to benefiting from strategies that are selling well plus broadening its suite of products over the years.

Q1 Base Business EBITDA was $17.3 million, and ending AUM was $25.4 billion. Revenues came in at $985 million.

While the company is executing well on its growth strategy, analysts at RBC Capital see the shares as fairly valued and reiterate their Sector Perform rating.