Royal Bank of Canada Lowers Sprott (SII) Price Target to C$2.50
Sprott (TSE:SII) had its price target decreased by stock analysts at Royal Bank of Canada from C$2.75 to C$2.50 in a research report issued to clients and investors on Tuesday. Royal Bank of Canada’s price objective points to a potential downside of 0.40% from the company’s current price.
TSE:SII opened at C$2.51 on Tuesday. The company has a current ratio of 2.70, a quick ratio of 2.37 and a debt-to-equity ratio of 1.51. Sprott has a twelve month low of C$2.42 and a twelve month high of C$3.62.
Sprott (TSE:SII) last posted its earnings results on Monday, November 12th. The company reported C$0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.03 by C($0.02). The company had revenue of C$17.93 million for the quarter. On average, equities analysts expect that Sprott will post 0.12999999949807 earnings per share for the current year.
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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