Sprott Inc. (TSE:SII - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$62.85 and traded as high as C$74.37. Sprott shares last traded at C$73.50, with a volume of 33,282 shares trading hands.
Analysts Set New Price Targets
A number of analysts recently commented on the company. BMO Capital Markets boosted their target price on Sprott from C$75.00 to C$76.00 in a research report on Friday, April 4th. Canaccord Genuity Group upped their price objective on Sprott from C$67.00 to C$71.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. Finally, TD Securities upped their price objective on Sprott from C$79.00 to C$84.00 and gave the company a "buy" rating in a research note on Thursday.
View Our Latest Stock Report on Sprott
Sprott Price Performance
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 firm has a fifty day moving average of C$66.16 and a two-hundred day moving average of C$63.09. The company has a market capitalization of C$1.38 billion, a PE ratio of 30.04, a PEG ratio of -3.34 and a beta of 1.45.
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%. Research analysts anticipate that Sprott Inc. will post 3.2178828 EPS for the current fiscal year.
Sprott Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, June 4th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Tuesday, May 20th. Sprott's payout ratio is currently 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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