Sprott Physical Gold Trust (TSE:PHYS.U) Reaches New 52-Week Low – Here’s Why

Shares of Sprott Physical Gold Trust (TSE:PHYS.U – Get Free Report) hit a new 52-week low during mid-day trading on Thursday. The company 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 business’s fifty day moving average price is C$31.54 and its 200 day moving average price is C$33.82. The company has a market capitalization of C$13.86 billion, a P/E ratio of 5.30 and a beta of -0.18.

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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