Alert: Positive Investment/Fundamental Signals (11/21/23)-Sprott Inc (NYSE: SII)

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Recent notable positive changes in fundamentals have benefitted Sprott Inc (NYSE: SII): the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

Sprott Inc (NYSE: SII) has benefited from notable positive changes in investment behavior: the stock rose on very heavy volume.

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.

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Current PriceTarget Research Rating

SII’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

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 21 but a neutral Power Rating of 55, triggering the Negative Value Trend Rating.

Recent Price Action

Sprott Inc (NYSE: SII) stock increased 1.9% on 11/21/23. The shares closed at $30.81. The stock has performed in line with the market over the last nine months and has risen 4.7% during the last week.

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