Sprott (SII) Announces Quarterly Earnings Results

Sprott (TSE:SII) issued its quarterly earnings results on Friday. 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), Morningstar.com reports. The business had revenue of C$19.40 million during the quarter.

SII opened at C$3.04 on Friday. Sprott has a one year low of C$2.36 and a one year high of C$3.48. The stock has a market capitalization of $731.50 million and a PE ratio of 25.33. The company has a current ratio of 2.14, a quick ratio of 1.64 and a debt-to-equity ratio of 1.47.

SII has been the topic of several recent research reports. Royal Bank of Canada cut their price target on Sprott from C$2.75 to C$2.50 in a report on Tuesday, January 15th. TD Securities upgraded Sprott from a “reduce” rating to a “hold” rating and set a C$2.50 price objective on the stock in a report on Tuesday, January 22nd. Finally, Desjardins dropped their price objective on Sprott from C$2.75 to C$2.50 in a report on Monday, February 4th.

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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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Earnings History for Sprott (TSE:SII)

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