Sprott Physical Gold Trust (TSE:PHYS.U) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$37.64 and traded as low as C$33.02. Sprott Physical Gold Trust shares last traded at C$33.02, with a volume of 4,815 shares trading hands.

Sprott Physical Gold Trust Price Performance

The firm’s 50 day simple moving average is C$37.64 and its 200-day simple moving average is C$33.56. The company has a market cap of C$15.70 billion, a price-to-earnings ratio of 2.54 and a beta of 0.44.

About Sprott Physical Gold Trust

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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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