The Globe and Mail reports in its Thursday, Dec. 11, edition that RBC Dominion Securities analyst Bart Dziarski has commenced coverage on Sprott with a "sector perform" recommendation. The Globe's David Leeder writes in the Eye On Equities column that Mr. Dziarski set a share target of $132. Analysts on average target the shares at $127.51. Mr. Dziarski says in a note: "We believe valuation appropriately reflects its growth outlook. Following significant appreciation in precious metal (e.g. gold, silver) prices, Sprott's valuation multiple has rerated higher in 2025. We expect growth to continue near-term albeit not at 2025 levels. We introduce a valuation framework for Sprott based on royalty peers given its leverage to commodity prices, no production risk, and structurally higher EBITDA margins." The Globe reported on July 23 that TD Cowen analyst Graham Ryding had lowered his recommendation for Sprott to "hold" from "buy." It was then worth $98.37. The Globe reported on Nov. 7 that Mr. Ryding continued to rate Sprott "hold." The shares were then going for $118.88.