Sprott Physical Gold Trust updates at-the-market equity program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 11 2025
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Trust Equity Program Update: Sprott Asset Management has announced an update to the Sprott Physical Gold Trust's at-the-market equity program, allowing for the issuance of an additional $1 billion in units in the U.S. and Canada.
Discontinuation of Previous Distributions: The Trust will no longer make distributions under previous ATM Program prospectus supplements, including the one amended on December 6.
Analyst Views on PHYS
Wall Street analysts forecast PHYS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PHYS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 37.560
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Current: 37.560
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
