Sprott (TSE:SII) Reaches New 12-Month High at $3.54

Sprott Inc. (TSE:SII) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as C$3.54 and last traded at C$3.44, with a volume of 661445 shares traded. The stock had previously closed at C$3.28.

Separately, Desjardins reissued a “hold” rating and issued a C$2.50 price target on shares of Sprott in a research report on Thursday, February 28th.

The company has a market capitalization of $859.37 million and a PE ratio of 43.13. The company has a debt-to-equity ratio of 6.38, a current ratio of 2.51 and a quick ratio of 1.87. The company has a 50-day simple moving average of C$3.09.

Sprott (TSE:SII) last released its quarterly earnings results on Friday, May 10th. The company reported C$0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.03 by C($0.02). The firm had revenue of C$19.40 million during the quarter. As a group, equities research analysts expect that Sprott Inc. will post 0.13 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 5th. Investors of record on Wednesday, June 5th were paid a dividend of $0.03 per share. The ex-dividend date was Friday, May 17th. This represents a $0.12 annualized dividend and a yield of 3.48%. Sprott’s dividend payout ratio (DPR) is 150.00%.

About Sprott (TSE:SII)

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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