Sprott Profit Slips with Lower Metal Prices | INN

Aug. 11, 2011 04:06PM PST

Reuters reported that Sprott Inc. (TSE:SII) is attributing its Q2 drop in profits to lower silver prices during the quarter.

Reuters reported that Sprott Inc. (TSX:SII) is attributing its Q2 drop in profits to lower silver prices during the quarter.

The market news is quoted as saying:

The Toronto-based company said net profit for the quarter ended June 30 dropped to C$7.4 million, or 4 Canadian cents a share, from C$7.8 million or 5 Canadian cents, for the same period last year.

To read the full market news, click here.

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