Sprott PT Lowered to C$3.50 (SII)
Research analysts at Scotiabank decreased their price target on shares of Sprott (TSE:SII) from C$4.50 to C$3.50 in a report released on Tuesday. Scotiabank’s price target would suggest a potential upside of 8.70% from the stock’s previous close.
Shares of Sprott (TSE:SII) traded down 0.31% on Tuesday, hitting $3.22. The stock had a trading volume of 27,652 shares. 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 $3.24 and its 200-day moving average is $3.08. The company’s market cap is $824.2 million.
Sprott (TSE:SII) last announced its earnings results on Friday, March 28th. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.01. On average, analysts predict that Sprott will post $0.15 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, June 6th. Investors of record on Friday, May 23rd will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Wednesday, May 21st.
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