Sprott Inc. (TSE:SII - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$63.32 and traded as high as C$78.59. Sprott shares last traded at C$76.26, with a volume of 82,832 shares changing hands.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the stock. BMO Capital Markets raised their price objective on shares of Sprott from C$75.00 to C$76.00 in a research report on Friday, April 4th. TD Securities increased their target price on shares of Sprott from C$79.00 to C$84.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Finally, Canaccord Genuity Group lifted 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 report on Thursday, February 27th.
View Our Latest Report on SII
Sprott Stock Performance
The firm has a market capitalization of C$1.40 billion, a PE ratio of 30.56, a P/E/G ratio of -3.34 and a beta of 1.45. The company has a debt-to-equity ratio of 5.65, a current ratio of 3.30 and a quick ratio of 2.89. The firm has a fifty day moving average price of C$68.01 and a 200 day moving average price of C$63.63.
Sprott (TSE:SII - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported C$0.46 earnings per share (EPS) for the quarter. Sprott had a return on equity of 15.02% and a net margin of 28.20%. Research analysts anticipate that Sprott Inc. will post 3.2178828 earnings per share for the current fiscal year.
Sprott Announces Dividend
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. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.53%. Sprott's dividend payout ratio is currently 52.61%.
About Sprott
(
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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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