Sprott (TSE:SII) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Sprott Inc. (TSE:SII - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$61.47 and traded as high as C$66.26. Sprott shares last traded at C$65.78, with a volume of 80,069 shares.

Analyst Ratings Changes

SII has been the subject of a number of analyst reports. BMO Capital Markets increased their price target on Sprott from C$75.00 to C$76.00 in a research report on Friday, April 4th. TD Securities increased their price target on shares of Sprott from C$70.00 to C$71.00 and gave the company a "buy" rating in a research report on Friday, February 28th. Finally, Canaccord Genuity Group raised their price target on shares of Sprott from C$67.00 to C$71.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th.

Sprott Trading Up 0.3 %

The firm has a fifty day moving average of C$62.23 and a two-hundred day moving average of C$61.69. The company has a market cap of C$1.28 billion, a PE ratio of 27.97, a price-to-earnings-growth ratio of -3.34 and a beta of 1.45. The company has a current ratio of 3.30, a quick ratio of 2.89 and a debt-to-equity ratio of 5.65.

Sprott (TSE:SII - Get Free Report) last posted its earnings results on Wednesday, February 26th. The company reported C$0.46 earnings per share for the quarter. Sprott had a net margin of 28.20% and a return on equity of 15.02%. As a group, sell-side analysts predict that Sprott Inc. will post 3.2178828 EPS for the current year.

Sprott Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 25th were paid a $0.30 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.67%. Sprott's dividend payout ratio (DPR) is 52.61%.

About Sprott

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.