NEW YORK (
) -- The ex-dividend date for
) is Monday, August 22, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $1.57 as of 9:48 a.m. ET, the dividend yield is 2.5%.
The average volume for Sprott Resource Lending has been 207,700 shares per day over the past 30 days. Sprott Resource Lending has a market cap of $248.1 million and is part of the
industry. Shares are down 9.6% year to date as of the close of trading on Thursday.
Sprott Resource Lending Corp., a natural resource lender, provides bridge and mezzanine financing to precious and base metal mining, exploration, and development companies, as well as energy companies worldwide. The company was formerly known as Quest Capital Corp.
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TheStreet Ratings rates Sprott Resource Lending as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full