Sprott Inc. (TSE:SII - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as C$81.00 and last traded at C$79.70, with a volume of 38183 shares. The stock had previously closed at C$79.50.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the stock. Canaccord Genuity Group upped their price objective on shares of Sprott from C$67.00 to C$71.00 and gave the stock a "buy" rating in a report on Thursday, February 27th. TD Securities upped their price objective on shares of Sprott from C$79.00 to C$84.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Finally, BMO Capital Markets upped their price objective on shares of Sprott from C$75.00 to C$76.00 in a report on Friday, April 4th.
View Our Latest Stock Report on SII
Sprott Trading Down 1.0%
The stock's fifty day moving average price is C$70.35 and its 200 day moving average price is C$64.49. The company has a quick ratio of 2.89, a current ratio of 3.30 and a debt-to-equity ratio of 5.65. The stock has a market cap of C$1.43 billion, a PE ratio of 31.27, a PEG ratio of -3.34 and a beta of 1.45.
Sprott (TSE:SII - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported C$0.46 EPS for the quarter. Sprott had a net margin of 28.20% and a return on equity of 15.02%. On average, sell-side analysts forecast that Sprott Inc. will post 3.2178828 EPS for the current year.
Sprott Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, June 4th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Tuesday, May 20th. Sprott's payout ratio is 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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