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Sprott Physical Silver Trust ( (PSLV) ) has shared an update.
In its interim report for the period ending March 31, 2025, Sprott Physical Silver Trust reported a significant increase in unrealized gains on physical silver bullion, amounting to $935.5 million, compared to $199.2 million in the same period in 2024. The Trust issued 6,931,498 units through its ATM Program, raising $80.1 million, and saw its net assets rise to $6,234.8 million, with a per-unit value of $11.83. The Trust’s return was 17.7%, closely mirroring the spot silver return of 17.9%. The Trust’s units traded at a reduced average discount to net asset value compared to the previous year, reflecting improved market positioning.
More about Sprott Physical Silver Trust
Sprott Physical Silver Trust is a closed-end mutual fund trust based in Ontario, Canada, managed by Sprott Asset Management LP. The Trust primarily invests in physical silver bullion, offering investors a secure and convenient alternative to direct investment in silver. Its units are traded on the NYSE Arca and the Toronto Stock Exchange under the ticker symbol PSLV.
Average Trading Volume: 24,802,693
For an in-depth examination of PSLV stock, go to TipRanks’ Stock Analysis page.