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Sprott (NYSE:SII) Trading 5.5% Higher - Still a Buy?
Sprott Inc. (NYSE:SII) shares rose 5.5% during intraday trading, reaching a high of $141.86, though trading volume was significantly below average. Despite a “Moderate Buy” consensus from analysts and a recent “Outperform” upgrade from RBC, the current market price is above the average target price of $132. The company also announced a quarterly dividend of $0.40 per share, representing an annualized yield of 1.1% and a payout ratio of 82.05%.