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How to Buy Sprott Stock

Sprott Inc

Sprott Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients.

Sprott stock last closed at $34.41, down 0.06% from the previous day, and has decreased 9.57% in one year. It has underperformed other stocks in the Asset Management industry by 0.07 percentage points. Sprott stock is currently +15.63% from its 52-week low of $29.76, and -17.99% from its 52-week high of $41.96.

As of Jun 6, 2023, there are 25.23M SII shares outstanding. The market value of SII is $868.00M. In the last 24 hours, 26,053 SII shares were traded.

How to Buy Sprott Stock

Wondering how to invest in Sprott stock? Here's how.
  1. Figure out where to buy Sprott stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Sprott stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Pick your payment method and add your details.
  4. Evaluate Sprott stock: The Sprott ticker symbol is SII. Is Sprott stock a good investment? Should you buy shares of SII? How do SII's underlying business fundamentals look? Do top analysts think Sprott is a good buy? Why has SII's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if SII is a good stock to buy).
  5. Execute your SII buy order: Decide if you will purchase SII shares at the current market price or use a limit order to purchase SII shares at a given price.
  6. Watch your SII position: Create a watchlist to watch your position in Sprott shares.

Step 1: Figure out where to buy Sprott stock

You need a brokerage account in order to access the NYSE market and buy SII shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal details so you are able to invest in SII stock today.

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  1. Click here to get started.
  2. Enter your personal info to open a new brokerage account.
  1. Send your details by hitting the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have created your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:

Watch the tutorial below for more details depositing money into your new investment account.

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Step 4: Evaluate Sprott stock

Once you have identified the best place to buy Sprott stock, it's critical to evaluate their stock before you invest, so you truly understand the risk and upside.

Sprott shares data

SII Price
$34.41
1w %
2.26%
1y %
-9.57%
5y %
N/A
P/E
46.5x
P/B
3.11x
P/S
6.06x
PEG
0.6x
Revenue
$143.33M
Earnings
$18.80M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$868.00M
Next Earnings
Jul 31, 2023
Next Dividend
N/A

Sprott Fundamentals

WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.

You can view all of the due diligence checks on SII's stock page.

How is SII stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SII's intrinsic value.

Using relative valuations metrics:

  • SII could be undervalued based on its P/E ratio of 46.5x, relative to Asset Management industry P/E ratio of 50.06x
  • SII may be overvalued based on its P/B ratio of 3.11x, relative to Asset Management industry P/B ratio of 2.03x
  • SII may be undervalued based on its PEG ratio of 0.6x

You can do more valuation analysis on SII's stock here.

How do SII Financials look?

Signs that SII is financially healthy:

  • There are more short-term assets than short-term liabilities on the SII balance sheet.
  • SII has a low debt to equity ratio of 0.39.
  • SII earnings of $29.87M is not enough to cover its interest payments.
  • SII's operating cash flow of $37.25M allows it to safely service it's debt of $54.44M.

Signs that SII is not financially healthy:

  • There are more long-term liabilities than short-term assets on the SII balance sheet.
  • SII profit margin has gone down from 21.8% to 13.1% in the past year.

SII Trading Indicators

SMA10
33.91
SMA20
34.37
SMA50
35.35
SMA100
36.43
SMA200
35.86
MACD
-0.34
MACD Signal
-0.46
MACD Histogram
0.12
RSI
48.07
Stochastic %K
78.67
Stochastic %D
69.45
StochRSI %K
93.72
StochRSI %D
94.29

SII Growth Numbers

Last year, SII earnings were $18.80M. Over the last 3 year, SII's earnings have increased by 105.57% per year. This was faster than the Asset Management industry average of 0.4%.

Last year, SII revenue was $143.33M. Over the past 3 year, SII's revenue has grown by 97.91% per year. This was faster than the Asset Management industry average of 17.48%.

Dig into SII's earnings and revenue performance here.

Who is buying/selling SII?

Over the last year, insiders at SII have not bought or sold any shares.

Learn more about who owns SII shares here.

Does SII provide a stable income stream?

No, Sprott doesn't provide an income stream by paying out dividends.

What others are saying about SII

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your SII buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.

Click the Open button and eToro will place the order.

If you need more assistance investing in stocks on eToro, watch the how to video below:

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Step 6: Watch your SII position

Now that you own some SII stock, you'll want to stay up-to-date on your new stock purchase.

Put SII on a watchlist to keep tabs on your SII stock.

SII Feed

How to Buy Stock in Sprott

To reiterate, here are the 6 steps for buying Sprott stock:

  1. Figure out where to buy Sprott stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Sprott stock
  5. Execute your SII buy order
  6. Watch your SII position

If you are looking for a brokerage account, eToro is our recommended option.

Get Started with eToro Today

If you want to keep an eye on your investment in Sprott, hit the button below to create your watchlist.

NYSE: SII
$34.41-0.02 (-0.06%)
Updated Jun 6, 2023
Open eToro Account
NYSE: SII
$34.41-0.02 (-0.06%)
Updated Jun 6, 2023
Open eToro Account

FAQ

How much does it cost to buy one Sprott share?

As of Jun 6, 2023, it costs $34.41 to buy one share of Sprott stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.291 shares of SII.

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What is the best way to buy Sprott stock?

One way to place an order for Sprott stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.