Peter Grosskopf Sells 55,000 Shares of Sprott Inc. (SII) Stock
Sprott Inc. (TSE:SII) Director Peter Grosskopf sold 55,000 shares of Sprott stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of C$3.09, for a total transaction of C$169,950.00.
Peter Grosskopf also recently made the following trade(s):
- On Friday, March 9th, Peter Grosskopf sold 107,500 shares of Sprott stock. The stock was sold at an average price of C$3.15, for a total transaction of C$338,625.00.
Sprott Inc. (TSE:SII) opened at C$2.99 on Wednesday. The stock has a market cap of $749.81, a P/E ratio of 19.93 and a beta of 0.33. Sprott Inc. has a 1-year low of C$1.92 and a 1-year high of C$3.55.
SII has been the subject of several analyst reports. BMO Capital Markets lifted their price target on shares of Sprott from C$2.50 to C$2.75 in a research report on Tuesday, January 30th. Royal Bank of Canada cut shares of Sprott from a “sector perform” rating to an “underperform” rating and lifted their price target for the stock from C$2.75 to C$3.25 in a research report on Monday, March 5th. Desjardins lifted their price target on shares of Sprott from C$2.50 to C$3.00 in a research report on Monday, March 5th. Finally, TD Securities cut shares of Sprott from a “hold” rating to a “reduce” rating and set a C$2.75 price objective for the company. in a report on Tuesday, March 6th.
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Sprott Inc is an alternative asset management company. The Company has five segments: Sprott Asset Management LP (SAM), Global Companies, Sprott Resource Lending Corp. (SRLC), Consulting, and Corporate & Other. The SAM segment offers discretionary portfolio management, as well as asset management services to its branded Funds and Managed Accounts.
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