Sprott Inc. (TSE:SII) – Research analysts at Desjardins lowered their FY2020 EPS estimates for Sprott in a report released on Monday, March 23rd. Desjardins analyst G. Ho now expects that the company will earn $0.12 per share for the year, down from their prior forecast of $0.14.

SII has been the topic of a number of other research reports. Royal Bank of Canada raised Sprott from an “underperform” rating to a “sector perform” rating and boosted their price target for the stock from C$3.00 to C$3.50 in a research report on Monday, January 20th. TD Securities lowered their price target on Sprott from C$3.25 to C$3.00 and set a “hold” rating on the stock in a research report on Tuesday, March 3rd.

TSE:SII opened at C$2.56 on Wednesday. The company has a debt-to-equity ratio of 7.20, a quick ratio of 2.34 and a current ratio of 2.71. The stock’s 50-day simple moving average is C$2.77 and its 200 day simple moving average is C$2.99. The company has a market cap of $586.02 million and a P/E ratio of 51.20. Sprott has a 52-week low of C$1.90 and a 52-week high of C$3.99.

Sprott (TSE:SII) last released its earnings results on Friday, February 28th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.02). The company had revenue of C$22.10 million during the quarter.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 24th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date was Friday, March 6th. Sprott’s dividend payout ratio (DPR) is presently 240.00%.

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.

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