Sprott (TSE:SII) Shares Cross Below Two Hundred Day Moving Average of $53.73

Shares of Sprott Inc. (TSE:SIIGet Rating) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$53.73 and traded as low as C$47.04. Sprott shares last traded at C$47.34, with a volume of 41,005 shares.

SII has been the topic of a number of recent analyst reports. TD Securities dropped their price objective on Sprott from C$62.00 to C$58.00 and set a “hold” rating on the stock in a report on Monday, May 9th. Royal Bank of Canada dropped their price objective on Sprott from C$67.00 to C$63.00 and set a “sector perform” rating on the stock in a report on Monday, May 9th.

The stock has a 50-day simple moving average of C$52.59 and a 200 day simple moving average of C$53.73. The company has a debt-to-equity ratio of 12.71, a current ratio of 2.85 and a quick ratio of 2.58. The company has a market capitalization of C$1.19 billion and a PE ratio of 25.94.

Sprott (TSE:SIIGet Rating) last posted its earnings results on Friday, May 6th. The company reported C$0.32 EPS for the quarter. The firm had revenue of C$40.89 million for the quarter. As a group, research analysts predict that Sprott Inc. will post 2.6200002 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 31st. Shareholders of record on Tuesday, May 31st were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, May 13th. This represents a $1.00 dividend on an annualized basis and a yield of 2.11%. Sprott’s payout ratio is 54.79%.

Sprott Company Profile (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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