Insider Buying: Sprott Inc. (SII) Insider Acquires C$304,000.00 in Stock

Sprott Inc. (TSE:SII) insider Eric S. Sprott acquired 100,000 shares of Sprott stock in a transaction that occurred on Tuesday, March 13th. The stock was purchased at an average cost of C$3.04 per share, with a total value of C$304,000.00.

Shares of Sprott stock opened at C$3.11 on Monday. The stock has a market capitalization of $749.81, a price-to-earnings ratio of 20.73 and a beta of 0.33. Sprott Inc. has a twelve month low of C$1.92 and a twelve month high of C$3.55.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 27th. Shareholders of record on Tuesday, March 27th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 3.86%. The ex-dividend date is Friday, March 9th. Sprott’s payout ratio is currently 80.00%.

SII has been the subject of several recent research reports. TD Securities downgraded Sprott from a “hold” rating to a “reduce” rating and set a C$2.75 price objective for the company. in a research note on Tuesday, March 6th. Royal Bank of Canada downgraded Sprott from a “sector perform” rating to an “underperform” rating and increased their price objective for the company from C$2.75 to C$3.25 in a research note on Monday, March 5th. Desjardins increased their price objective on Sprott from C$2.50 to C$3.00 in a research note on Monday, March 5th. Finally, BMO Capital Markets reissued an “underperform” rating and issued a C$2.75 price objective on shares of Sprott in a research note on Monday, March 5th.

TRADEMARK VIOLATION NOTICE: This story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this story can be accessed at

About Sprott

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.

Insider Buying and Selling by Quarter for Sprott (TSE:SII)

Receive News & Ratings for Sprott Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott and related companies with's FREE daily email newsletter.

Leave a Reply