Sprott (TSE:SII – Get Free Report) The price target was cut by equity analysts at TD Securities from CAD 68.00 to CAD 65.00 in a report published on Thursday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target would imply a potential upside of 18.10% from the company’s current price.
Separately, Royal Bank of Canada raised its price target on shares of Sprott from CAD$59.00 to CAD$61.00 in a research note on Friday, May 10.
Check out our latest report on SII
Price development of Sprott shares
SII shares opened at C$55.04 on Thursday. The company’s 50-day moving average is C$58.99 and its 200-day moving average is C$55.17. Sprott has a 12-month low of C$38.43 and a 12-month high of C$64.30. The company has a liquidity ratio of 2.27, a quick ratio of 2.89 and a debt-to-equity ratio of 7.51. The stock has a market cap of C$1.40 billion, a P/E ratio of 23.03, a price-to-earnings-growth ratio of -3.34 and a beta of 1.40.
Sprott (TSE:SII – Get Free Report) last announced its earnings results on Wednesday, May 8. The company reported earnings per share of CAD 0.59 for the quarter. The company had revenue of CAD 56.01 million during the quarter. Sprott had a return on equity of 14.92% and a net margin of 26.79%. Overall, analysts forecast that Sprott will report earnings per share of CAD 2.7231713 for the current year.
About Sprott
(Get free report)
Sprott Inc. is a publicly traded asset management holding company. Through its subsidiaries, the company provides asset management, portfolio management, wealth management, fund management, administrative and advisory services to its clients. It offers mutual funds, hedge funds and offshore funds, as well as managed accounts.
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