Sprott Inc. (TSE:SII - Get Free Report)'s share price crossed 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.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on SII shares. Canaccord Genuity Group raised their target price 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 raised their target price 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 raised their target price on shares of Sprott from C$75.00 to C$76.00 in a report on Friday, April 4th.
Get Our Latest Stock Report on SII
Sprott Trading Down 0.2%
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 company's fifty day moving average is C$67.00 and its 200-day moving average is C$63.32. The stock has a market cap of C$1.36 billion, a PE ratio of 29.72, a PEG ratio of -3.34 and a beta of 1.45.
Sprott (TSE:SII - Get Free Report) last released its quarterly earnings data 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%. On average, analysts predict that Sprott Inc. will post 3.2178828 earnings per share for the current fiscal year.
Sprott Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, June 4th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a $1.20 dividend on an annualized basis and a yield of 1.57%. Sprott's payout ratio is 52.61%.
Sprott Company Profile
(
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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