-- RBC Capital Markets raised its price targets on Sprott Inc. (SII.TO, SII) to $230 from $218 on Thursday.
Analyst Bart Dziarski maintained an Outperform rating on shares of the Toronto-based alternative asset manager following its quarterly results on Wednesday.
The stock rose $34.27, or approximately 20%, to $207.65 on the Toronto Stock Exchange.
"Momentum continues across Sprott's business lines, highlighting embedded operating leverage to constructive commodity pricing compounded by net inflows accentuated by adjusted EBITDA margin reaching 72%," Dziarski said in a note to clients.