Sprott Physical Gold Trust (TSE:PHYS.U) Hits New 12-Month Low – What’s Next?

Sprott Physical Gold Trust (TSE:PHYS.U – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$29.23 and last traded at C$29.23, with a volume of 478 shares changing hands. The stock had previously closed at C$31.28.

Sprott Physical Gold Trust Trading Down 3.4%

The firm has a fifty day simple moving average of C$31.54 and a 200 day simple moving average of C$33.82. The stock has a market cap of C$13.86 billion, a price-to-earnings ratio of 5.30 and a beta of -0.18.

Sprott Physical Gold Trust Company Profile

(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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