Recent meaningful positive changes in investment behavior have benefitted Sprott Inc (NYSE: SII): its shorter term price trend turned up.
Sprott Inc (NYSE: SII) has recently enjoyed important positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
SII is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Sprott has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Sprott has a poor Appreciation Score of 19 but a neutral Power Rating of 54, triggering the Negative Value Trend Rating.
Recent Price Action
On 12/4/23, Sprott Inc (NYSE: SII) stock declined slightly by -0.3%, closing at $33.19. This decline was accompanied by normal trading volume. The stock has risen 6.2% during the last week and has performed in line with the market over the last nine months.
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