Sprott (TSE:SII - Get Free Report) had its target price boosted by research analysts at Canaccord Genuity Group from C$67.00 to C$71.00 in a report released on Thursday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. Canaccord Genuity Group's price objective indicates a potential upside of 16.93% from the stock's previous close.
Separately, TD Securities lowered their price target on shares of Sprott from C$74.00 to C$73.00 and set a "buy" rating for the company in a report on Thursday, November 7th.
Get Our Latest Stock Report on SII
Sprott Price Performance
Shares of SII traded down C$0.65 during midday trading on Thursday, hitting C$60.72. 25,992 shares of the company traded hands, compared to its average volume of 26,448. The firm has a 50 day moving average of C$61.28 and a 200-day moving average of C$60.15. Sprott has a 52 week low of C$46.59 and a 52 week high of C$66.31. The stock has a market cap of C$1.09 billion, a price-to-earnings ratio of 23.66, a PEG ratio of -3.34 and a beta of 1.45. The company has a debt-to-equity ratio of 5.65, a quick ratio of 2.89 and a current ratio of 3.30.
Sprott (TSE:SII - Get Free Report) last released its quarterly earnings data 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%. On average, analysts forecast that Sprott will post 3.2178828 EPS for the current fiscal year.
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.
Featured Stories
Before you consider Sprott, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sprott wasn't on the list.
While Sprott currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
