Sprott Physical Gold Trust (TSE:PHYS.U) Reaches New 1-Year High – Still a Buy?

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as C$33.42 and last traded at C$33.37, with a volume of 6451 shares trading hands. The stock had previously closed at C$33.22.

Sprott Physical Gold Trust Price Performance

The business’s 50-day simple moving average is C$31.56 and its two-hundred day simple moving average is C$28.36. The stock has a market cap of C$15.92 billion, a price-to-earnings ratio of 3.55 and a beta of 0.16.

About Sprott Physical Gold Trust

(Get Free Report)

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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