Shares of Sprott Inc. (TSE:SII - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$55.69 and traded as high as C$58.55. Sprott shares last traded at C$57.61, with a volume of 51,559 shares.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on SII shares. TD Securities lowered their price objective on shares of Sprott from C$68.00 to C$65.00 and set a "buy" rating on the stock in a research report on Thursday, August 8th. Royal Bank of Canada lifted their price target on Sprott from C$59.00 to C$61.00 in a research note on Friday, May 10th.
Get Our Latest Analysis on SII
Sprott Price Performance
The stock has a market capitalization of C$1.46 billion, a PE ratio of 26.43, a P/E/G ratio of -3.34 and a beta of 1.45. The company has a debt-to-equity ratio of 9.19, a current ratio of 3.02 and a quick ratio of 2.89. The firm's 50 day simple moving average is C$58.45 and its 200 day simple moving average is C$55.74.
Sprott Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Monday, August 19th. Sprott's dividend payout ratio is presently 63.30%.
About Sprott
(
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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.
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