Sprott Physical Gold Trust (TSE:PHYS.U) Shares Cross Above 50 Day Moving Average – Here’s Why

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$34.93 and traded as high as C$38.33. Sprott Physical Gold Trust shares last traded at C$38.17, with a volume of 11,154 shares changing hands.

Sprott Physical Gold Trust Stock Down 1.0%

The firm’s 50-day moving average is C$34.93 and its 200-day moving average is C$31.02. The company has a market cap of C$18.34 billion, a PE ratio of 4.09 and a beta of 0.25.

Sprott Physical Gold Trust Company Profile

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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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