Is Sprott Stock a Good Investment?

Sprott Investment Advice

SII

To provide specific investment advice or recommendations on Sprott Inc stock, we recommend investors consider the following general factors when evaluating Sprott Inc. This will help you to make an informed decision on whether to include Sprott in one of your diversified portfolios:

Examine Sprott's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Sprott's leadership team and their track record. Good management can help Sprott navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact Sprott's business and its evolving consumer preferences.
Compare Sprott's performance and market position to its competitors. Analyze how Sprott is positioned in terms of product offerings, innovation, and market share.
Check if Sprott pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Sprott's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Sprott Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Sprott Inc is a good investment.

Sell

Buy

Sprott Inc recommendation module can be used to check and cross-verify current trade recommendation provided by analysts inspecting the firm's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Sprott Inc is not overpriced, please validate all Sprott fundamentals, including its gross profit, short ratio, annual yield, as well as the relationship between the total debt and total asset . Given that Sprott Inc has a price to earning of 31.16 X, we advise you to double-check Sprott Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Market Performance	Good	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Very Low	Details
Economic Sensitivity	Responds to the market	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Strong	Details
Financial Leverage	Inapplicable	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Sprott Stock

Researching Sprott's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 18.0% of the company outstanding shares are owned by corporate insiders. The book value of Sprott was at this time reported as 12.11. The company last dividend was issued on the 17th of May 2024. Sprott Inc had 1:10 split on the 28th of May 2020.

To determine if Sprott is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sprott's research are outlined below:

	Sprott Inc is unlikely to experience financial distress in the next 2 years
	Sprott Inc has a strong financial position based on the latest SEC filings
	About 18.0% of the company outstanding shares are owned by corporate insiders
	Latest headline from news.google.com: Talisker Provides Update on the Second Draw on the US31,250,000 Financing with Sprott Streaming and Royalty for ... - The Globe and Mail

Sprott Quarterly Long Term Debt

24.24 Million

Sprott uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Sprott Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sprott's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	23rd of February 2024 Upcoming Quarterly Report	View
	31st of December 2023 Next Fiscal Quarter End	View

Know Sprott's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Sprott is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sprott Inc backward and forwards among themselves. Sprott's institutional investor refers to the entity that pools money to purchase Sprott's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Balyasny Asset Management Llc	2024-03-31	108.3 K
Cannell Peter B & Co Inc	2023-12-31	101.4 K
Bank Of America Corp	2024-03-31	97.3 K
Bank Of Montreal	2024-03-31	96.5 K
Bmo Capital Markets Corp.	2024-03-31	96.5 K
Uniplan Investment Counsel, Inc.	2024-03-31	76.6 K
Raymond James & Associates	2024-03-31	68.9 K
Marshall Wace Asset Management Ltd	2024-03-31	67.7 K
Spartan Fund Management Inc.	2024-03-31	59 K
Sprott Inc.	2024-03-31	1.5 M
Waratah Capital Advisors Ltd	2024-03-31	1.1 M

Note, although Sprott's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Sprott's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.14 B.

Market Cap

1.89 Billion

Sprott's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.24	0.15
Return On Capital Employed	0.11	0.10
Return On Assets	0.11	0.12
Return On Equity	0.14	0.18

The company has Net Profit Margin of 0.27 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.39 %, which entails that for every 100 dollars of revenue, it generated $0.39 of operating income.

Determining Sprott's profitability involves analyzing its financial statements and using various financial metrics to determine if Sprott is a good buy. For example, gross profit margin measures Sprott's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sprott's profitability and make more informed investment decisions.

The data published in Sprott's official financial statements usually reflect Sprott's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Sprott Inc. For example, before you start analyzing numbers published by Sprott accountants, it's critical to develop an understanding of what Sprott's liquidity, profitability, and earnings quality are in the context of the Capital Markets space in which it operates.

Please note, the presentation of Sprott's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sprott's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Sprott's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sprott Inc. Please utilize our Beneish M Score to check the likelihood of Sprott's management manipulating its earnings.

Evaluate Sprott's management efficiency

Sprott Inc has Return on Asset of 0.1213 % which means that on every $100 spent on assets, it made $0.1213 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1492 %, implying that it generated $0.1492 on every 100 dollars invested. Sprott's management efficiency ratios could be used to measure how well Sprott manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Sprott's Return On Assets are increasing as compared to previous years. The Sprott's current Return On Equity is estimated to increase to 0.18, while Return On Tangible Assets are projected to decrease to 0.15. As of now, Sprott's Asset Turnover is decreasing as compared to previous years.

	Last Reported	Projected for Next Year
Book Value Per Share	12.12	9.70
Net Current Asset Value	0.00	0.00
Tangible Asset Value	192.2 M	170.9 M
Tangible Book Value Per Share	4.11	3.90
Enterprise Value Over EBITDA	20.53	24.04
Price Book Value Ratio	2.80	2.66
Enterprise Value Multiple	20.53	24.04
Price Fair Value	2.80	2.66
Enterprise Value	989.2 M	1.8 B

The analysis of Sprott's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Sprott's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Sprott Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Dividend Yield

0.0223

Forward Dividend Yield

0.0223

Forward Dividend Rate

Beta

1.405

Basic technical analysis of Sprott Stock

As of the 4th of June, Sprott has the Semi Deviation of 1.27, coefficient of variation of 568.77, and Risk Adjusted Performance of 0.1166. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sprott Inc, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Sprott Inc, which can be compared to its competition. Please validate Sprott Inc information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Sprott is priced more or less accurately, providing market reflects its prevalent price of 43.35 per share. Given that Sprott Inc has jensen alpha of 0.2537, we advise you to double-check Sprott Inc's current market performance to make sure the company can sustain itself at a future point.

Sprott's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sprott insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sprott's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sprott insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Chandler Richard E Jr over a month ago Disposition of 3018 shares by Chandler Richard E Jr of Sprott at 67.69 subject to Rule 16b-3
		Chandler Richard E Jr over a month ago Disposition of 1747 shares by Chandler Richard E Jr of Sprott at 31.7 subject to Rule 16b-3
		Taylor Brian E. over two months ago Disposition of 14724 shares by Taylor Brian E. of Sprott subject to Rule 16b-3

Understand Sprott's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Sprott's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.1166
	Market Risk Adjusted Performance	0.2252
	Mean Deviation	1.33
	Semi Deviation	1.27
	Downside Deviation	1.6
	Coefficient Of Variation	568.77
	Standard Deviation	1.7
	Variance	2.88
	Information Ratio	0.1546
	Jensen Alpha	0.2537
	Total Risk Alpha	0.2183
	Sortino Ratio	0.1637
	Treynor Ratio	0.2152
	Maximum Drawdown	8.23
	Value At Risk	(2.32)
	Potential Upside	3.26
	Downside Variance	2.57
	Semi Variance	1.61
	Expected Short fall	(1.42)
	Skewness	0.1333
	Kurtosis	(0.09)

	Risk Adjusted Performance	0.1166
	Market Risk Adjusted Performance	0.2252
	Mean Deviation	1.33
	Semi Deviation	1.27
	Downside Deviation	1.6
	Coefficient Of Variation	568.77
	Standard Deviation	1.7
	Variance	2.88
	Information Ratio	0.1546
	Jensen Alpha	0.2537
	Total Risk Alpha	0.2183
	Sortino Ratio	0.1637
	Treynor Ratio	0.2152
	Maximum Drawdown	8.23
	Value At Risk	(2.32)
	Potential Upside	3.26
	Downside Variance	2.57
	Semi Variance	1.61
	Expected Short fall	(1.42)
	Skewness	0.1333
	Kurtosis	(0.09)

Consider Sprott's intraday indicators

Sprott intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sprott stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Daily Balance Of Power	(9,223,372,036,855)
	Rate Of Daily Change	0.99
	Day Median Price	43.35
	Day Typical Price	43.35
	Price Action Indicator	(0.32)
	Period Momentum Indicator	(0.65)

Sprott Corporate Filings

	14th of May 2024 Other Reports	View Verify
6K	8th of May 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.	View Verify
	21st of February 2024 Other Reports	View Verify
13A	12th of February 2024 An amended filing to the original Schedule 13G	View Verify

Sprott time-series forecasting models is one of many Sprott's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sprott's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Sprott Stock media impact

Far too much social signal, news, headlines, and media speculation about Sprott that are available to investors today. That information is available publicly through Sprott media outlets and privately through word of mouth or via Sprott internal channels. However, regardless of the origin, that massive amount of Sprott data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Sprott news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Sprott relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Sprott's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Sprott alpha.

Sprott Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Sprott can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Sprott Corporate Management

Sharon Ranson	Non-Executive Independent Director	Profile
Edward Coyne	Senior Managing Director	Profile
Steve Yuzpe	Senior Managing Director, CEO of SRHI	Profile
PEng PE	Managing Devel	Profile
John CFA	Managing Director	Profile
Tim Sorensen	Managing Director, CEO of SCP	Profile

Additional Information and Resources on Investing in Sprott Stock

When determining whether Sprott Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sprott's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sprott Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sprott Inc Stock: