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Canaccord Genuity hoisted their price target on shares of Sprott (TSE:SII) from C$2.75 to C$3.00 in a research note issued on Thursday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s target price suggests a potential downside of 6.54% from the stock’s previous close.

Sprott (TSE:SII) traded down 0.62% on Thursday, hitting $3.21. 139,827 shares of the company’s stock traded hands. Sprott has a one year low of $2.21 and a one year high of $3.85. The stock’s 50-day moving average is $3.26 and its 200-day moving average is $3.07. The company has a market cap of $821.7 million and a price-to-earnings ratio of 46.14.

Sprott (TSE:SII) last posted its quarterly earnings results on Friday, March 28th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.01. Analysts expect that Sprott will post $0.15 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, June 6th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend is Wednesday, May 21st.

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