Sprott (TSE:SII) Price Target Raised to C$76.00 at BMO Capital Markets

Sprott (TSE:SII - Get Free Report) had its price objective lifted by investment analysts at BMO Capital Markets from C$75.00 to C$76.00 in a research report issued on Friday,BayStreet.CA reports. BMO Capital Markets' price objective indicates a potential upside of 25.47% from the stock's current price.

SII has been the subject of several other research reports. Canaccord Genuity Group upped their target price on Sprott from C$67.00 to C$71.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. TD Securities upped their price target on Sprott from C$70.00 to C$71.00 and gave the stock a "buy" rating in a report on Friday, February 28th.

Sprott Trading Up 7.4 %

TSE SII traded up C$4.15 during mid-day trading on Friday, hitting C$60.57. The company's stock had a trading volume of 91,982 shares, compared to its average volume of 36,431. The firm has a market capitalization of C$1.08 billion, a P/E ratio of 23.60, a price-to-earnings-growth 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. Sprott has a 52-week low of C$52.20 and a 52-week high of C$66.31. The stock's fifty day simple moving average is C$61.93 and its two-hundred day simple moving average is C$61.40.

Sprott (TSE:SII - Get Free Report) last issued its 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%. Research analysts expect that Sprott will post 3.2178828 EPS for the current year.

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Sprott Company Profile

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.