Sprott Physical Gold Trust (TSE:PHYS.U) Reaches New 12-Month High – Still a Buy?

Shares of Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$22.70 and last traded at C$22.70, with a volume of 1805 shares changing hands. The stock had previously closed at C$22.41.

Sprott Physical Gold Trust Price Performance

The company has a 50-day moving average of C$20.85 and a 200-day moving average of C$20.35.

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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