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An announcement from Sprott Physical Platinum and Palladium Trust Trust Units ( (SPPP) ) is now available.
On June 30, 2025, Sprott Physical Platinum and Palladium Trust reported significant changes in unrealized gains for both platinum and palladium bullion compared to the previous year. The Trust’s net assets increased to $353.4 million, driven by a rise in bullion holdings and higher spot prices. The Trust issued over 10 million units through its ATM Program, raising $117.8 million, and saw its unit prices rise on both exchanges. Operating expenses remained stable, and management fees increased slightly. The Trust returned 32.4% for the first half of 2025, outperforming its previous year’s performance.
More about Sprott Physical Platinum and Palladium Trust Trust Units
Sprott Physical Platinum and Palladium Trust is a closed-end mutual fund trust based in Ontario, Canada, managed by Sprott Asset Management LP. The Trust focuses on investing in physical platinum and palladium bullion, offering investors a secure and exchange-traded option without the inconvenience of direct bullion investment. Its units are listed on the NYSE Arca and the Toronto Stock Exchange.
Average Trading Volume: 811,729
For a thorough assessment of SPPP stock, go to TipRanks’ Stock Analysis page.