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An announcement from Sprott Physical Silver Trust ( (PSLV) ) is now available.
Sprott Physical Silver Trust has updated its at-the-market equity program, allowing it to issue up to $1 billion of units in the U.S. and Canada. The proceeds from this program will be used to acquire physical silver bullion, aligning with the Trust’s investment objectives. This move could enhance the Trust’s market position by increasing its physical silver holdings, potentially benefiting stakeholders through increased asset backing.
More about Sprott Physical Silver Trust
Sprott Asset Management, a subsidiary of Sprott Inc., is a global leader in precious metals and critical materials investments. The company specializes in Exchange Listed Products, Managed Equities, and Private Strategies, leveraging its in-depth knowledge and expertise in the industry. Sprott operates offices in Toronto, New York, Connecticut, and California.
YTD Price Performance: 17.44%
Average Trading Volume: 24,802,693
Find detailed analytics on PSLV stock on TipRanks’ Stock Analysis page.