Sprott Physical Gold Trust (TSE:PHYS.U) Sets New 52-Week High – Still a Buy?

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$47.31 and last traded at C$34.17, with a volume of 6463 shares. The stock had previously closed at C$33.90.

Sprott Physical Gold Trust Trading Up 1.2%

The company’s fifty day simple moving average is C$32.02 and its 200 day simple moving average is C$29.01. The stock has a market capitalization of C$16.48 billion, a P/E ratio of 3.68 and a beta of 0.32.

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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