Sprott Physical Gold Trust (TSE:PHYS.U) Sets New 1-Year High – What’s Next?

by · The Markets Daily

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report)’s stock price reached a new 52-week high on Monday . The company traded as high as C$38.84 and last traded at C$38.73, with a volume of 18567 shares changing hands. The stock had previously closed at C$38.10.

Sprott Physical Gold Trust Stock Up 1.1%

The company has a market capitalization of C$18.50 billion, a price-to-earnings ratio of 4.13 and a beta of 0.32. The firm has a 50 day moving average price of C$33.38 and a two-hundred day moving average price of C$29.99.

Sprott Physical Gold Trust Company Profile

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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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