BMO Capital Markets Reiterates “C$75.00” Price Target for Sprott (TSE:SII)

Sprott (TSE:SII) has been given a C$75.00 price target by equities researchers at BMO Capital Markets in a research note issued on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 17.10% from the stock’s current price.

SII has been the subject of a number of other research reports. Canaccord Genuity Group increased their price objective on Sprott from C$67.00 to C$71.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. TD Securities increased their price target on shares of Sprott from C$70.00 to C$71.00 and gave the company a “buy” rating in a research report on Friday, February 28th.

Sprott Trading Up 4.1 %

TSE:SII traded up C$2.52 during trading hours on Friday, reaching C$64.05. The company’s stock had a trading volume of 60,986 shares, compared to its average volume of 28,241. The company has a debt-to-equity ratio of 5.65, a quick ratio of 2.89 and a current ratio of 3.30. The firm has a market capitalization of C$1.14 billion, a price-to-earnings ratio of 24.96, a PEG ratio of -3.34 and a beta of 1.45. The firm has a 50-day simple moving average of C$61.29 and a 200-day simple moving average of C$60.29. Sprott has a 1 year low of C$46.59 and a 1 year high of C$66.31.

Sprott (TSE:SII) last released its quarterly earnings data on Wednesday, February 26th. The company reported C$0.46 EPS for the quarter. Sprott had a return on equity of 15.02% and a net margin of 28.20%. Research analysts expect that Sprott will post 3.2178828 EPS for the current fiscal year.

Sprott Company Profile

Sprott Inc is an alternative asset manager operating in Canada. The company has six reportable segments: Exchange Listed Products, which includes management services to the company’s closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company’s branded funds, fixed-term LPs and managed accounts; Lending segment provides lending and streaming activities through limited partnership vehicles; Brokerage segment includes activities of Canadian and U.S.