Sprott (TSE:SII) Hits New 12-Month High Following Analyst Upgrade

Sprott Inc. (TSE:SII) shares reached a new 52-week high on Friday after Canaccord Genuity Group raised their price target on the stock from C$130.00 to C$200.00. Canaccord Genuity Group currently has a buy rating on the stock. Sprott traded as high as C$193.60 and last traded at C$193.60, with a volume of 6278 shares traded. The stock had previously closed at C$179.47.

SII has been the subject of several other reports. BMO Capital Markets raised their price objective on shares of Sprott from C$162.00 to C$192.00 and gave the stock an “outperform” rating in a report on Friday. Royal Bank Of Canada upgraded Sprott from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$186.00 to C$218.00 in a research report on Friday. Finally, TD Securities lifted their price target on Sprott from C$176.00 to C$180.00 and gave the company a “hold” rating in a research report on Friday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Sprott presently has an average rating of “Moderate Buy” and a consensus price target of C$197.50.

Key Headlines Impacting Sprott

Here are the key news stories impacting Sprott this week:

• Positive Sentiment: Royal Bank of Canada upgraded Sprott from “sector perform” to “outperform” and lifted its price target to C$218 (from C$186), signaling stronger investor conviction and providing upside support. RBC Upgrade
• Positive Sentiment: Canaccord Genuity raised its target to C$200 and moved to a “buy” rating (from C$130), a bullish endorsement that likely helped buying interest. Canaccord Note
• Neutral Sentiment: BMO Capital Markets bumped its target to C$192 and kept an “outperform” rating (up from C$162). The higher rating is positive, but the C$192 target sits just below the current share level, making this a mixed signal. BMO Note TickerReport
• Negative Sentiment: TD Securities raised its price target slightly to C$180 but maintained a “hold” rating, which implies less conviction for further upside and represents downside vs. the current level — a cautious signal for traders. TD Note
• Positive Sentiment: Sprott reported quarterly EPS of C$1.49 with C$143.61M in revenue, a 28.2% net margin and 15.02% ROE — results that support analyst upgrades and justify renewed investor interest. Earnings Report

Sprott Price Performance

The company has a debt-to-equity ratio of 5.65, a quick ratio of 2.89 and a current ratio of 3.30. The stock has a market capitalization of C$5.09 billion, a PE ratio of 100.67, a price-to-earnings-growth ratio of -3.34 and a beta of 1.36. The business’s 50-day moving average price is C$156.30 and its 200 day moving average price is C$126.40.

Sprott (TSE:SII) last posted its quarterly earnings data on Thursday, February 19th. The company reported C$1.49 earnings per share (EPS) for the quarter. Sprott had a return on equity of 15.02% and a net margin of 28.20%.The company had revenue of C$143.61 million during the quarter. Research analysts forecast that Sprott Inc. will post 3.2178828 earnings per share for the current year.

Sprott Company Profile

Sprott Inc is an alternative asset manager operating in Canada. The company has six reportable segments: Exchange Listed Products, which includes management services to the company’s closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company’s branded funds, fixed-term LPs and managed accounts; Lending segment provides lending and streaming activities through limited partnership vehicles; Brokerage segment includes activities of Canadian and U.S.