Sprott Inc. (TSE:SII) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.29 and traded as low as $3.04. Sprott shares last traded at $3.04, with a volume of 185,090 shares.

Separately, TD Securities lowered their price target on shares of Sprott from C$3.50 to C$3.25 and set a “hold” rating for the company in a report on Tuesday, November 12th.

The firm has a market cap of $695.44 million and a P/E ratio of 37.75. The company has a current ratio of 3.14, a quick ratio of 2.87 and a debt-to-equity ratio of 7.55. The business has a 50-day moving average of C$2.92 and a two-hundred day moving average of C$3.29.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Tuesday, December 3rd were given a $0.03 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.12 annualized dividend and a yield of 3.97%. Sprott’s dividend payout ratio is presently 150.00%.

Sprott Company Profile (TSE:SII)

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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