And what I’ve found is a quality stock that has delivered more than just returns; behind that momentum lies real business power. Plus, its rock-solid long-term view and growth fundamentals make it a great Canadian stock worth keeping a close eye on.
In this article, I’ll talk about why Sprott (TSX:SII) could be one of the most attractive Canadian stocks to buy heading into 2026.
A strong performer with solid roots
Before we get into the numbers, let’s take a look at what Sprott actually does and why I find it so attractive right now. This Toronto-based company serves as a global asset manager focused on investments in precious metals and critical materials. Its businesses include listed products, managed equities and private strategies. While that may sound technical at first glance, it essentially means that Sprott gives investors exposure to gold, silver, uranium and other essential commodities through a smart mix of products.
At the time of writing, SII stock was trading at $134 per share, giving the company a market capitalization of approximately $3.5 billion. Although it offers a small annualized dividend yield of 1.7%, I find its performance more attractive as it is up a whopping 120% in the last year and its five-year return is over 248%.
Even more impressive, this Canadian stock has doubled in the last ten months alone, demonstrating strong investor confidence backed by real growth.
Why Sprott’s momentum looks sustainable
It’s one thing for a stock to rise, but it’s another when the rally is based on business strength. That is exactly the case here. Sprott’s assets under management stood at $49.1 billion at the end of the third quarter, reflecting a solid 56% increase from the beginning of the year. This growth came from both rising market values ​​and inflows into physical trusts, especially gold, silver and uranium. Notably, September 2025 was the best sales month in Sprott’s history, with $879 million in net inflows across 20 strategies.
Moreover, the newer ETFs are already gaining popularity. Since 2022, Sprott has grown its ETF (exchange-traded fund) AUM from less than $400 million to more than $4.5 billion, reflecting increasing demand from both retail and institutional clients.
Impressive profits, even with accounting noise
In the third quarter, Sprott reported total revenue of US$65.1 million, significantly higher than the previous quarter.
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for the quarter rose 54% year-on-year to US$31.9 million, driven by higher average assets under management, market valuation and solid inflows into the funds. Similarly, quarterly adjusted EBITDA margin remained strong at 65%, one of the best in the industry.
Which makes it a top Canadian pick for 2026
This brings us back to the bigger picture. Sprott doesn’t just grow, it grows with a purpose. The company has expanded its physical and ETF product range with strategic launches related to metals of future importance, including uranium and copper. These are long-term trends supported by growing demand for clean energy, electrification and global infrastructure.
In addition to product innovation, Sprott has a clean balance sheet, no debt and strong cash reserves. It also rewards shareholders handsomely, as it recently did walked the dividend by 33% – a clear signal of confidence.
That’s why for investors looking for stocks with both momentum and solid prospects, Sprott could very well rule all the stocks in 2026.
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