Sprott (NYSE:SII) Trading 2% Higher - Here's What Happened

Key Points

• Sprott shares traded up about 2% to $146.85 (intraday high $148.24) on Monday, with 127,103 shares changing hands—roughly 36% below the average session volume.
• The company posted an EPS beat, reporting $1.11 versus $0.53 expected, while revenue missed at $61.7M versus $69.1M; Sprott reported a 23.6% net margin and a 19.5% return on equity.
• Analysts hold a consensus Moderate Buy rating (two Buys, one Hold) with a $132 consensus target, while the stock carries a $3.79B market cap and a P/E of 56.48.

Sprott Inc. (NYSE:SII - Get Free Report)'s share price traded up 2% on Monday . The stock traded as high as $148.24 and last traded at $146.8520. 127,103 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 198,443 shares. The stock had previously closed at $143.99.

Wall Street Analyst Weigh In

SII has been the subject of a number of research analyst reports. Royal Bank Of Canada raised shares of Sprott from a "sector perform" rating to an "outperform" rating in a research report on Friday, February 20th. Wall Street Zen raised shares of Sprott from a "hold" rating to a "buy" rating in a research report on Saturday, February 21st. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Sprott in a research report on Monday, December 29th. Finally, TD Securities reaffirmed a "hold" rating on shares of Sprott in a research report on Friday, February 20th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $132.00.

Sprott Trading Up 2.0%

The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 56.48 and a beta of 0.98. The stock's fifty day simple moving average is $141.93 and its 200-day simple moving average is $112.01.

Sprott (NYSE:SII - Get Free Report) last released its earnings results on Thursday, February 19th. The company reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.58. The company had revenue of $61.70 million for the quarter, compared to analyst estimates of $69.12 million. Sprott had a net margin of 23.62% and a return on equity of 19.47%.

Sprott Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.40 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Sprott's dividend payout ratio is 61.54%.

Institutional Investors Weigh In On Sprott

A number of hedge funds have recently added to or reduced their stakes in SII. Flagship Harbor Advisors LLC acquired a new stake in Sprott during the 4th quarter worth approximately $34,000. Caitong International Asset Management Co. Ltd lifted its holdings in Sprott by 63.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 385 shares of the company's stock worth $38,000 after buying an additional 150 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Sprott during the 4th quarter worth approximately $59,000. Advisory Services Network LLC acquired a new stake in Sprott during the 3rd quarter worth approximately $74,000. Finally, Rialto Wealth Management LLC raised its holdings in shares of Sprott by 26.0% in the 4th quarter. Rialto Wealth Management LLC now owns 800 shares of the company's stock valued at $78,000 after purchasing an additional 165 shares in the last quarter. 28.30% of the stock is currently owned by institutional investors and hedge funds.

About Sprott

Sprott Inc is a Toronto‐based alternative asset manager specializing in precious metals, real assets and related investment vehicles. Founded in 1981 by Eric Sprott, the firm has built a reputation for offering physically backed bullion trusts, exchange‐traded funds (ETFs), mutual funds and private managed accounts that provide exposure to gold, silver, platinum and other hard assets. Sprott's product lineup also includes royalty and streaming strategies, which grant investors long‐term participation in mining project cash flows without direct operational risk.

In addition to its flagship physical bullion trusts, Sprott offers actively managed equity portfolios that focus on companies engaged in the exploration, development and production of precious metals.

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