Sprott (SII) Set to Announce Earnings on Wednesday

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

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

Sprott Price Performance

Shares of TSE SII opened at C$64.49 on Thursday. The stock’s 50-day moving average is C$58.56 and its two-hundred day moving average is C$58.44. The company has a debt-to-equity ratio of 9.19, a current ratio of 3.02 and a quick ratio of 2.89. Sprott has a 1-year low of C$39.17 and a 1-year high of C$66.31. The company has a market cap of C$1.64 billion, a price-to-earnings ratio of 29.45, a price-to-earnings-growth ratio of -3.34 and a beta of 1.45.

Sprott Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, August 19th. This represents a $1.00 annualized dividend and a yield of 1.55%. Sprott’s dividend payout ratio (DPR) is 61.64%.

Analyst Ratings Changes

Separately, TD Securities cut their price target on Sprott from C$68.00 to C$65.00 and set a “buy” rating on the stock in a 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.