SII vs. WED, HUT, BLX, BITF, WFC, HIVE, VBNK, PTS, ML, and GRN
Should you be buying Sprott stock or one of its competitors? The main competitors of Sprott include Westaim (WED), Hut 8 (HUT), Boralex (BLX), Bitfarms (BITF), Wall Financial (WFC), HIVE Digital Technologies (HIVE), VersaBank (VBNK), Points.com (PTS), Millennial Lithium (ML), and Greenlane Renewables Inc. (GRN.V) (GRN). These companies are all part of the "banking" industry.
Sprott vs.
Westaim (CVE:WED) and Sprott (TSE:SII) are both financial services companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, media sentiment, earnings, institutional ownership, community ranking, risk, analyst recommendations and valuation.
Westaim presently has a consensus target price of C$7.75, indicating a potential downside of 73.71%. Sprott has a consensus target price of C$67.00, indicating a potential upside of 9.58%. Given Sprott's stronger consensus rating and higher possible upside, analysts plainly believe Sprott is more favorable than Westaim.
Westaim pays an annual dividend of C$0.18 per share and has a dividend yield of 0.6%. Sprott pays an annual dividend of C$1.35 per share and has a dividend yield of 2.2%. Westaim pays out 27.7% of its earnings in the form of a dividend. Sprott pays out 61.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
12.1% of Westaim shares are owned by institutional investors. Comparatively, 41.5% of Sprott shares are owned by institutional investors. 9.3% of Westaim shares are owned by company insiders. Comparatively, 17.7% of Sprott shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Westaim has a net margin of 61.76% compared to Sprott's net margin of 22.68%. Westaim's return on equity of 13.13% beat Sprott's return on equity.
In the previous week, Sprott had 4 more articles in the media than Westaim. MarketBeat recorded 4 mentions for Sprott and 0 mentions for Westaim. Sprott's average media sentiment score of 0.59 beat Westaim's score of 0.00 indicating that Sprott is being referred to more favorably in the news media.
Westaim has higher earnings, but lower revenue than Sprott. Sprott is trading at a lower price-to-earnings ratio than Westaim, indicating that it is currently the more affordable of the two stocks.
Sprott received 218 more outperform votes than Westaim when rated by MarketBeat users. However, 69.28% of users gave Westaim an outperform vote while only 60.34% of users gave Sprott an outperform vote.
Westaim has a beta of 0.39, suggesting that its share price is 61% less volatile than the S&P 500. Comparatively, Sprott has a beta of 1.45, suggesting that its share price is 45% more volatile than the S&P 500.
Summary
Sprott beats Westaim on 13 of the 20 factors compared between the two stocks.
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This page (TSE:SII) was last updated on 1/21/2025 by MarketBeat.com Staff