<SEC-DOCUMENT>0000919574-20-006827.txt : 20201112
<SEC-HEADER>0000919574-20-006827.hdr.sgml : 20201112
<ACCEPTANCE-DATETIME>20201112171746
ACCESSION NUMBER:		0000919574-20-006827
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200930
FILED AS OF DATE:		20201112
DATE AS OF CHANGE:		20201112
EFFECTIVENESS DATE:		20201112

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPROTT INC.
		CENTRAL INDEX KEY:			0001512920
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-14703
		FILM NUMBER:		201308021

	BUSINESS ADDRESS:	
		STREET 1:		ROYAL BANK PLAZA, SOUTH TOWER
		STREET 2:		200 BAY STREET, SUITE 2600
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2J1
		BUSINESS PHONE:		416-943-4065

	MAIL ADDRESS:	
		STREET 1:		ROYAL BANK PLAZA, SOUTH TOWER
		STREET 2:		200 BAY STREET, SUITE 2600
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2J1
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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    <submissionType>13F-HR</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags>
        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>true</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
      </flags>
      <filer>
        <credentials>
          <cik>0001512920</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>09-30-2020</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>09-30-2020</reportCalendarOrQuarter>
      <isAmendment>false</isAmendment>
      <filingManager>
        <name>SPROTT INC.</name>
        <address>
          <ns1:street1>Royal Bank Plaza, South Tower</ns1:street1>
          <ns1:street2>200 Bay Street, Suite 2600</ns1:street2>
          <ns1:city>Toronto</ns1:city>
          <ns1:stateOrCountry>A6</ns1:stateOrCountry>
          <ns1:zipCode>M5J 2J1</ns1:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-14703</form13FFileNumber>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
    </coverPage>
    <signatureBlock>
      <name>Thomas W. Ulrich</name>
      <title>Chief Compliance Officer</title>
      <phone>203-656-2401</phone>
      <signature>/s/ Thomas W. Ulrich</signature>
      <city>Darien</city>
      <stateOrCountry>CT</stateOrCountry>
      <signatureDate>11-12-2020</signatureDate>
    </signatureBlock>
    <summaryPage>
      <otherIncludedManagersCount>0</otherIncludedManagersCount>
      <tableEntryTotal>94</tableEntryTotal>
      <tableValueTotal>2442150</tableValueTotal>
    </summaryPage>
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</TEXT>
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<DOCUMENT>
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    <cusip>35671D857</cusip>
    <value>200</value>
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    <cusip>371901109</cusip>
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      <Sole>29234</Sole>
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    <cusip>39115V101</cusip>
    <value>155</value>
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      <Sole>176334</Sole>
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    <nameOfIssuer>INDUSTRIAS BACHOCO S A B DE</nameOfIssuer>
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      <Sole>13750</Sole>
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    <nameOfIssuer>ISHARES TR</nameOfIssuer>
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    <cusip>464288661</cusip>
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      <sshPrnamt>2692</sshPrnamt>
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      <Sole>2692</Sole>
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    <nameOfIssuer>ISHARES GOLD TRUST</nameOfIssuer>
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    <cusip>464285105</cusip>
    <value>527</value>
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    <nameOfIssuer>ISHARES SILVER TR</nameOfIssuer>
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    <cusip>46428Q109</cusip>
    <value>473</value>
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    <nameOfIssuer>ISHARES TR</nameOfIssuer>
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    <cusip>464287457</cusip>
    <value>372</value>
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    <titleOfClass>COM</titleOfClass>
    <cusip>58039P107</cusip>
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    <titleOfClass>COM</titleOfClass>
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    <nameOfIssuer>NEXGEN ENERGY LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>65340P106</cusip>
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    <nameOfIssuer>NOVAGOLD RES INC</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>66987E206</cusip>
    <value>72999</value>
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    <titleOfClass>COM</titleOfClass>
    <cusip>67077M108</cusip>
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      <Sole>24480</Sole>
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    <nameOfIssuer>OSISKO GOLD ROYALTIES LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>68827L101</cusip>
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    <titleOfClass>COM</titleOfClass>
    <cusip>69924M109</cusip>
    <value>101</value>
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    <nameOfIssuer>PLATINUM GROUP METALS LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>72765Q882</cusip>
    <value>1227</value>
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    <votingAuthority>
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    <nameOfIssuer>PRETIUM RES INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>74139C102</cusip>
    <value>57954</value>
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      <sshPrnamt>4382960</sshPrnamt>
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    <nameOfIssuer>RELIANCE STEEL &amp; ALUMINUM CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>759509102</cusip>
    <value>8163</value>
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    <nameOfIssuer>ROYAL GOLD INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>780287108</cusip>
    <value>32645</value>
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      <Sole>271656</Sole>
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    <nameOfIssuer>SANDERSON FARMS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>800013104</cusip>
    <value>7078</value>
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    <nameOfIssuer>SANDSTORM GOLD LTD</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>80013R206</cusip>
    <value>25018</value>
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    <nameOfIssuer>SEABRIDGE GOLD INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>811916105</cusip>
    <value>16808</value>
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    <nameOfIssuer>SIBANYE STILLWATER LTD</nameOfIssuer>
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