Sprott Physical Platinum and Palladium Trust Trust Units (SPPP) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sprott Physical Platinum and Palladium Trust has expanded its at-the-market equity program by adding more sales agents to issue up to $50 million in units in the U.S. and Canada. The proceeds from this program will be used to acquire physical platinum and palladium bullion, aligning with the Trust’s investment goals. This move aims to enhance the Trust’s asset base and market presence.
For further insights into SPPP stock, check out TipRanks’ Stock Analysis page.