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Sprott Physical Platinum and Palladium Trust Trust Units ( (SPPP) ) has shared an update.
Sprott Physical Platinum and Palladium Trust has updated its at-the-market equity program to issue an additional $50 million of trust units in the U.S. and Canada. The proceeds will be used to acquire more physical platinum and palladium bullion, aligning with the Trust’s investment objectives and potentially impacting its market presence and investor interest.
More about Sprott Physical Platinum and Palladium Trust Trust Units
Sprott Physical Platinum and Palladium Trust is a closed-ended mutual fund trust managed by Sprott Asset Management LP, a subsidiary of Sprott Inc. The Trust focuses on investing in and holding physical platinum and palladium bullion, catering to investors interested in these precious metals.
YTD Price Performance: 8.44%
Average Trading Volume: 283,783
See more insights into SPPP stock on TipRanks’ Stock Analysis page.