Michael Harrison - Sprott Managing Partner

SII Stock  CAD 61.48  0.52  0.85%   

Executive

Michael Harrison is Managing Partner of Sprott Inc
Age 52
Address Royal Bank Plaza, Toronto, ON, Canada, M5J 2J1
Phone416-943-8099
Webhttps://www.sprott.com

Sprott Management Efficiency

The company has return on total asset (ROA) of 0.144 % which means that it generated a profit of $0.144 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1432 %, meaning that it generated $0.1432 on every $100 dollars invested by stockholders. 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. At this time, Sprott's Return On Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Equity is likely to grow to 0.18, while Return On Tangible Assets are likely to drop 0.15. At this time, Sprott's Other Current Assets are very stable compared to the past year. As of the 28th of November 2024, Intangibles To Total Assets is likely to grow to 0.56, while Total Assets are likely to drop about 358.7 M.
Sprott Inc has accumulated 24.24 M in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Sprott Inc has a current ratio of 1.73, which is within standard range for the sector. Debt can assist Sprott until it has trouble settling it off, either with new capital or with free cash flow. So, Sprott's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sprott Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sprott to invest in growth at high rates of return. When we think about Sprott's use of debt, we should always consider it together with cash and equity.

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Sprott Inc. is a publicly owned asset management holding company. Sprott Inc. was formed on February 13, 2008 and is based in Toronto, Canada. SPROTT INC operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. It employs 126 people. Sprott Inc (SII) is traded on Toronto Exchange in Canada and employs 129 people. Sprott is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Sprott Inc Leadership Team

Elected by the shareholders, the Sprott's board of directors comprises two types of representatives: Sprott inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sprott. The board's role is to monitor Sprott's management team and ensure that shareholders' interests are well served. Sprott's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sprott's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sharon Ranson, Non-Executive Independent Director
Edward Coyne, Executive Vice President and National Sales Manager
Steve Yuzpe, Senior Managing Director, Private Resource Investment
John CFA, Managing Director
PEng PE, Managing Devel
Graham Birch, Non-Executive Independent Director
Rosemary Zigrossi, Non-Executive Independent Director
Tim Sorensen, Managing Director, CEO of SCP
Neil Adshead, Managing Director
Michael Harrison, Managing Partner
CA FCA, CFO MD
Whitney George, President, Chairman of Sprott USA and Chief Investment Officer of Sprott Asset Management
Glen Williams, Managing Communications
Ronald Dewhurst, Independent Chairman of the Board
Vishal Chhabra, Finance Compensation
MBA CFA, Managing Partner
Narinder Nagra, Managing Partner
Arthur Einav, Senior Managing Director, General Counsel, Corporate Secretary, Co-head of the Enterprise Shared Services Group
Peter Grosskopf, Chief Executive Officer, Director
Greg Caione, Senior Strategies
James Grosdanis, Managing Partner
John Ciampaglia, Senior Managing Director, CEO of SAM
Maria CFA, Managing Partner
William George, CEO Director
Arthur Rule, Director; President and CEO of Sprott US Director
Kevin Hibbert, Chief Financial Officer, Senior Managing Director, Co-Head of the Enterprise Shared Services Group
Thomas JD, Managing Partner
Heather MacLeod, Managing Officer
Jack Lee, Non-Executive Independent Chairman of the Board
Dan Elder, Managing CTO

Sprott Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Sprott a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Sprott

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sprott position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sprott will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sprott Stock

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Moving against Sprott Stock

  0.38TD Toronto Dominion Bank Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Sprott could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sprott - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sprott Inc to buy it.
The correlation of Sprott is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprott moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sprott can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Please note, there is a significant difference between Sprott's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.