Sprott Physical Gold Trust (TSE:PHYS.U) Reaches New 12-Month High – Here’s What Happened

Sprott Physical Gold Trust (TSE:PHYS.U) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$35.16 and last traded at C$35.16, with a volume of 1350 shares. The stock had previously closed at C$34.42.

Sprott Physical Gold Trust Trading Up 2.2%

The stock has a fifty day simple moving average of C$32.35 and a two-hundred day simple moving average of C$29.25. The firm has a market cap of C$16.90 billion, a PE ratio of 3.77 and a beta of 0.32.

About Sprott Physical Gold Trust

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.