Sprott Inc. (TSE:SII) declared a quarterly dividend on Friday, August 16th, TickerTech reports. Investors of record on Tuesday, September 3rd will be paid a dividend of 0.03 per share on Tuesday, September 3rd. This represents a $0.12 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date of this dividend is Friday, August 16th.
Sprott stock traded up C$0.02 during trading on Wednesday, reaching C$3.85. The company had a trading volume of 8,140 shares, compared to its average volume of 313,466. Sprott has a 52 week low of C$2.36 and a 52 week high of C$3.99. The business’s 50-day moving average is C$3.64. The stock has a market capitalization of $930.35 million and a price-to-earnings ratio of 48.25. The company has a debt-to-equity ratio of 9.02, a current ratio of 2.51 and a quick ratio of 1.87.
A number of brokerages recently commented on SII. TD Securities raised their target price on Sprott from C$3.00 to C$3.75 and gave the stock a “hold” rating in a report on Monday. Royal Bank of Canada raised their target price on Sprott from C$2.50 to C$3.00 in a report on Monday, July 22nd.
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.
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