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 $40.03, up 0.18% from the previous day, and has increased 9.94% in one year. It has overperformed other stocks in the Asset Management industry by 0.17 percentage points. Sprott stock is currently +42.76% from its 52-week low of $28.04, and -5.66% from its 52-week high of $42.43.
As of Apr 19, 2024, there are 25.86M SII shares outstanding. The market value of SII is $1.04B. In the last 24 hours, 77,765 SII shares were traded.
How to Buy Sprott Stock
Wondering how to invest in Sprott stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
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.
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
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 24.11x, relative to Asset Management industry P/E ratio of 29.98x
- SII may be overvalued based on its P/B ratio of 3.39x, relative to Asset Management industry P/B ratio of 2.3x
- SII may be undervalued based on its PEG ratio of 0.5x
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 0.24.
- SII profit margin has gone up from 12.1% to 24.7% in the past year.
- SII earnings of $54.35M is not enough to cover its interest payments.
- SII's operating cash flow of $29.86M allows it to safely service it's debt of $24.24M.
Signs that SII is not financially healthy:
- There are more long-term liabilities than short-term assets on the SII balance sheet.
- Total SII debt is higher than 5 years ago, relative to shareholder equity.
SII Momentum
Is SII Growing Revenue?
Last year, SII earnings were $41.80M. Over the past five year, SII's earnings have gone up by 66.43% per year. This was faster than the Asset Management industry average of 7.1%.
Last year, SII revenue was $169.02M. In the past 5 year, SII's revenue has grown by 9.12% per year. This was slower than the Asset Management industry average of 20.46%.
Find out more about SII's earnings and revenue performance here.
Who is buying/selling SII?
Over the last 12 months, insiders at SII have not bought or sold any shares.
Get more info about who owns SII stock here.
Does SII stock generate passive income?
No, Sprott doesn't provide an income stream by paying out dividends.
What others are saying about SII
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your SII buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price, use a limit order.
Press the Open button and eToro will place your order.
If you require more help with investing in stocks on eToro, click the helpful video below:
Step 6: Watch your SII position
Now that you own some SII shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to track your SII stock.
SII Feed
How to Buy Stock in Sprott
To reiterate, here are the 6 steps to buy Sprott stock:
- Figure out where to buy Sprott stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Sprott stock
- Execute your SII buy order
- Watch your SII position
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Sprott, click the button below.
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