(PHYS) Sprott Physical Gold Trust - Ratings and Ratios

Sprott Physical Gold Trust (TO:PHYS) is a Canadian exchange-traded commodity fund established on August 28, 2009, and managed by Sprott Asset Management, LP. The trust is designed to provide investors with exposure to physical gold bullion by holding London Good Delivery bars. Its primary objective is to track the price of gold, offering a secure and efficient way to invest in the precious metal. The fund is structured to minimize tracking error and ensure vault security, with holdings audited regularly to maintain investor confidence.

From a technical perspective, PHYS has shown upward momentum, with its SMA20, SMA50, and SMA200 all indicating a bullish trend. The last price of 35.34 CAD suggests recent strength, supported by moderate volatility as indicated by an ATR of 0.48. This stability could attract investors seeking exposure to gold without extreme price fluctuations.

Fundamentally, the trust boasts a robust market cap of 30,819.80M CAD, signaling its established presence in the market. The P/E ratio of 5.93 and P/B ratio of 1.33 highlight its attractive valuation, while the RoE of 20.08% underscores strong profitability and efficient management. These metrics collectively suggest a stable investment with potential for steady returns.