Sprott Physical Gold Trust (TSE:PHYS.U) Sets New 52-Week High – Still a Buy?

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$22.75 and last traded at C$22.73, with a volume of 1095 shares trading hands. The stock had previously closed at C$22.65.

Sprott Physical Gold Trust Stock Performance

The business has a 50-day moving average price of C$21.14 and a 200 day moving average price of C$20.52.

About Sprott Physical Gold Trust

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Sprott Physical Gold Trust is a closedend mutual fund trust. The Trust provides a secure convenient and exchangetraded investment without the inconvenience associated with a direct investment in physical gold bullion.

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