sprott resource lending corp
(SIL:Toronto)
sprott resource lending corp (SIL) Snapshot
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Open
C$1.50
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Previous Close
C$1.50
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Day High
C$1.51
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Day Low
C$1.48
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52 Week High
12/10/12 - C$1.58
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52 Week Low
04/16/13 - C$1.23
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Market Cap
219.0M
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Average Volume 10 Days
1.3M
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EPS TTM
C$-0.05
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Shares Outstanding
147.0M
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EX-Date
05/16/13
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P/E TM
--
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Dividend
C$0.06
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Dividend Yield
4.03%
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Related News
sprott resource lending corp (SIL) Related Businessweek News
No Related Businessweek News Foundsprott resource lending corp (SIL) Details
Sprott Resource Lending Corp., a natural resource lender, provides financing to mining, and oil and gas companies worldwide. The company was formerly known as Quest Capital Corp. and changed its name to Sprott Resource Lending Corp. in September 2010. Sprott Resource Lending Corp. was founded in 1984 and is headquartered in Toronto, Canada.
sprott resource lending corp (SIL) Top Compensated Officers
sprott resource lending corp (SIL) Key Developments
Sprott Resource Lending Corp. reported earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net income of $5.7 million or $0.04 per common share compared to $5.4 million or $0.04 per common share in the first quarter of 2012. During the first quarter of 2013, the company recognized a deferred income tax asset of $3.2 million which increased net income by an equivalent amount. Interest income on the resource loan portfolio increased to $4.7 million compared to $4.4 million for the first quarter of 2012, in line with the increase in the average resource loan portfolio of $22 million. Book value grew from $1.52 per common share at December 31, 2012 to $1.54 per common share at March 31, 2013.
The Board of Directors of Sprott Resource Lending has approved the payment of a regular quarterly dividend of CAD 0.015 per common share in respect of the company's first fiscal quarter for payment on June 7, 2013 to shareholders of record on May 21, 2013 and hereby notifies the company's shareholders that it will designate the full amount of such dividend as an "eligible dividend" for purposes of the Income Tax Act (Canada).
Sprott Resource Lending Corp. announced that they will report Q1, 2013 results Pre-Market on May 09, 2013
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| SIL:CN | C$1.49 CAD | -0.01 | |
| Company | Last | Change | |
| No competitor information is available for SIL. | |||
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Industry Analysis
SIL
Industry Average
| Valuation | SIL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 23.6x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 19.3x |
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To contact SPROTT RESOURCE LENDING CORP, please visit www.sprottlending.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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