Sprott Inc. (TSE:SII - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$81.96 and last traded at C$81.85, with a volume of 17315 shares. The stock had previously closed at C$81.25.
Analyst Ratings Changes
SII has been the subject of a number of research analyst reports. TD Securities increased their price target on Sprott from C$79.00 to C$84.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. BMO Capital Markets lifted their target price on Sprott from C$75.00 to C$76.00 in a research note on Friday, April 4th. Finally, Canaccord Genuity Group increased their price target on shares of Sprott from C$67.00 to C$71.00 and gave the company a "buy" rating in a research report on Thursday, February 27th.
Get Our Latest Stock Report on SII
Sprott Price Performance
The business has a 50-day moving average price of C$72.10 and a 200 day moving average price of C$65.25. The company has a current ratio of 3.30, a quick ratio of 2.89 and a debt-to-equity ratio of 5.65. The stock has a market cap of C$1.51 billion, a PE ratio of 32.91, a PEG ratio of -3.34 and a beta of 1.45.
Sprott Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, June 4th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.42%. Sprott's dividend payout ratio (DPR) is presently 52.61%.
About Sprott
(
Get Free Report)
Sprott Inc is an alternative asset manager operating in Canada. The company has six reportable segments: Exchange Listed Products, which includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company's branded funds, fixed-term LPs and managed accounts; Lending segment provides lending and streaming activities through limited partnership vehicles; Brokerage segment includes activities of Canadian and U.S.
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