Separately, Royal Bank of Canada lowered their price objective on shares of Sprott from C$67.00 to C$63.00 and set a sector perform rating for the company in a research note on Monday, May 9th.
Sprott Stock Performance
TSE:SII opened at C$46.78 on Wednesday. The company has a fifty day moving average of C$46.33 and a 200-day moving average of C$51.64. The firm has a market capitalization of C$1.17 billion and a P/E ratio of 25.85. The company has a quick ratio of 2.58, a current ratio of 2.85 and a debt-to-equity ratio of 12.71. Sprott has a twelve month low of C$41.72 and a twelve month high of C$71.70.
Sprott Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 29th. Shareholders of record on Monday, August 29th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, August 11th. This represents a $1.00 dividend on an annualized basis and a yield of 2.14%. Sprott’s dividend payout ratio (DPR) is presently 55.25%.
Sprott Company Profile
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.
- MarketBeat: Week in Review 8/1 – 8/5
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
- Why Apple Could Be At All-Time Highs By Year End
Receive News & Ratings for Sprott Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott and related companies with MarketBeat.com's FREE daily email newsletter.