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Sprott Trust Updates Equity Program to Bolster Precious Metals Holdings

Story Highlights

Sprott Physical Gold and Silver Trust Units ( (CEF) ) has issued an update.

Sprott Physical Gold and Silver Trust has updated its at-the-market equity program to issue up to $250 million in units in the U.S. and Canada. The proceeds from this program will be used to acquire physical gold and silver bullion, aligning with the Trust’s investment objectives and potentially strengthening its market position in the precious metals sector.

More about Sprott Physical Gold and Silver Trust Units

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 experience in the industry.

YTD Price Performance: 15.84%

Average Trading Volume: 598,973

For an in-depth examination of CEF stock, go to TipRanks’ Stock Analysis page.

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