Sprott Physical Gold Trust (TSE:PHYS.U) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$32.28 and traded as high as C$33.31. Sprott Physical Gold Trust shares last traded at C$33.31, with a volume of 100 shares changing hands.

Sprott Physical Gold Trust Stock Up 1.3%

The firm’s fifty day moving average price is C$32.33 and its 200 day moving average price is C$34.04. The stock has a market cap of C$15.70 billion, a PE ratio of 6.01 and a beta of 0.62.

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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