Sprott (SII) Set to Announce Earnings on Wednesday

Sprott (TSE:SII) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, November 6th.

Sprott (TSE:SII) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.70 EPS for the quarter. The business had revenue of C$65.66 million for the quarter. Sprott had a return on equity of 12.85% and a net margin of 22.68%.

Sprott Stock Up 0.9 %

Shares of TSE SII opened at C$64.49 on Thursday. The stock has a market cap of C$1.64 billion, a PE ratio of 29.45, a price-to-earnings-growth ratio of -3.34 and a beta of 1.45. The company has a quick ratio of 2.89, a current ratio of 3.02 and a debt-to-equity ratio of 9.19. Sprott has a 52-week low of C$39.17 and a 52-week high of C$66.31. The business has a 50-day moving average price of C$58.56 and a 200 day moving average price of C$58.44.

Sprott Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Monday, August 19th were given a $0.25 dividend. The ex-dividend date was Monday, August 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.55%. Sprott’s dividend payout ratio (DPR) is presently 61.64%.

Analysts Set New Price Targets

Separately, TD Securities decreased their target price on Sprott from C$68.00 to C$65.00 and set a “buy” rating for the company in a research report on Thursday, August 8th.

About Sprott

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.