Sprott Physical Gold Trust (TSE:PHYS.U) Shares Pass Above Fifty Day Moving Average – What’s Next?

by · The Cerbat Gem

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$31.24 and traded as high as C$32.79. Sprott Physical Gold Trust shares last traded at C$32.62, with a volume of 19,132 shares.

Sprott Physical Gold Trust Trading Up 0.8%

The company has a market capitalization of C$15.79 billion, a P/E ratio of 3.52 and a beta of 0.16. The firm’s 50 day moving average price is C$31.30 and its two-hundred day moving average price is C$28.11.

About Sprott Physical Gold Trust

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Sprott Physical Gold Trust is a closedend mutual fund trust. The Trust provides a secure convenient and exchangetraded investment without the inconvenience associated with a direct investment in physical gold bullion.

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