Sprott (SII) Scheduled to Post Quarterly Earnings on Wednesday

Sprott (NYSE:SII) will be releasing its earnings data before the market opens on Wednesday, August 7th.

Sprott (NYSE:SII) last issued its earnings results on Wednesday, May 8th. The company reported $0.44 earnings per share (EPS) for the quarter. Sprott had a return on equity of 15.15% and a net margin of 28.76%. The business had revenue of $41.54 million during the quarter.

Sprott Trading Up 2.2 %

Shares of SII opened at $44.63 on Thursday. Sprott has a 1 year low of $28.04 and a 1 year high of $47.30. The company has a current ratio of 2.27, a quick ratio of 2.26 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $43.62 and a 200-day simple moving average of $40.22. The stock has a market cap of $1.15 billion, a PE ratio of 24.93 and a beta of 1.11.

Sprott Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 5th. Investors of record on Tuesday, May 21st were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, May 20th. This represents a $1.00 dividend on an annualized basis and a yield of 2.24%. Sprott’s dividend payout ratio is 55.87%.

Analysts Set New Price Targets

Separately, TD Securities raised Sprott from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 9th.

Sprott Company Profile

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.