Sprott Physical Uranium Trust Announces US$100 Million Bought Deal Financing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 16 2025
0mins
Source: Yahoo Finance
Offering Announcement: Sprott Inc. has entered into an agreement to sell 5,800,000 units of the Sprott Physical Uranium Trust at a price of US$17.25 per unit, aiming for total gross proceeds of US$100,050,000, with proceeds intended for acquiring physical uranium and related expenses.
Regulatory Approval: The offering is set to close around June 20, 2025, pending regulatory approvals, and will be conducted in Canada (excluding Quebec) and on a private placement basis in the U.S. for qualified institutional buyers.
Analyst Views on SII
Wall Street analysts forecast SII stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SII is 91.61 USD with a low forecast of 88.38 USD and a high forecast of 94.84 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 126.930
Low
88.38
Averages
91.61
High
94.84
Current: 126.930
Low
88.38
Averages
91.61
High
94.84
About SII
Sprott Inc. is a Canada-based global asset manager focused on precious metals and critical materials investments. Its investment strategies include exchange-listed products, managed equities and private strategies. Its segments include Exchange listed products, Managed equities, Private strategies and Corporate. The Exchange listed products segment provides management services to its closed-end physical trusts and exchange-traded funds (ETFs). The Managed equities segment provides management services to its alternative investment strategies managed in-house and on a sub-advisory basis. The Private strategies segment provides lending and streaming activities through limited partnership vehicles. Its Corporate segment provides capital, balance sheet management and enterprise shared services to its subsidiaries. Its subsidiaries include Sprott Asset Management LP, Sprott U.S. Holdings Inc., Sprott Resource Streaming and Royalty Corporation, Sprott Resource Lending Corp. and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
