SPOXF - Sprott: A Better Way To Play A Turnaround In The Precious Metals Market
Investment Thesis
All-time low sentiment in the precious metals market could be a great opportunity to position oneself for a turnaround. However, the sentiment also has the potential to continue to drive the precious metals market down in the short term. Sprott (SPOXF) is a great way to play the turnaround as the somewhat uncorrelated returns from the private resource lending segment offer some downside protection.
Overview
Sprott is an asset management company focused on precious metals and real asset investment strategies. The company primarily operates in Canada and the U.S.
The company reports a