6,464 Shares in Sprott Inc. (NYSE:SII) Purchased by Meixler Investment Management Ltd.

Meixler Investment Management Ltd. acquired a new position in Sprott Inc. (NYSE:SII - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,464 shares of the company's stock, valued at approximately $273,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new stake in shares of Sprott in the third quarter valued at $32,000. Quantbot Technologies LP acquired a new stake in shares of Sprott in the third quarter valued at $78,000. Northwest & Ethical Investments L.P. purchased a new position in Sprott in the third quarter valued at $82,000. SG Americas Securities LLC purchased a new position in Sprott in the fourth quarter valued at $145,000. Finally, Barclays PLC increased its holdings in Sprott by 7,753.4% in the third quarter. Barclays PLC now owns 4,555 shares of the company's stock valued at $197,000 after buying an additional 4,497 shares during the last quarter. 28.30% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Canaccord Genuity Group started coverage on Sprott in a report on Tuesday, January 21st. They issued a "buy" rating on the stock.

Sprott Stock Performance

Shares of SII stock traded up $0.28 during mid-day trading on Thursday, hitting $43.33. 77,270 shares of the stock were exchanged, compared to its average volume of 72,251. The stock's fifty day simple moving average is $42.68 and its two-hundred day simple moving average is $42.90. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 23.81 and a beta of 1.08. Sprott Inc. has a 12-month low of $34.51 and a 12-month high of $48.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.30 and a current ratio of 3.30.

About Sprott

Sprott Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts.