Sprott Physical Platinum and Palladium Trust (SPPP)
Sprott Physical Platinum and Palladium Trust operates in the Asset Management industry of the Financial Services sector, headquartered in Toronto, ON, CA. The stock last traded at $14.28, up 0.92% on the session, giving a market capitalisation of $622.4M. On trailing twelve-month figures it carries a trailing P/E of 2.09, a net margin of 406.3%. Its beta of 0.25 implies it has historically moved less than the broad market.
Managed by Sprott Asset Management, LP, the Sprott Physical Platinum and Palladium Trust functions as an exchange-traded commodity. Its investment strategy centers on the acquisition and ownership of physical platinum and palladium bullion, specifically in Good Delivery plate or ingot form, within the broader commodity markets. This Canadian-domiciled trust was founded on December 23, 2011.
Sprott Physical Platinum and Palladium Trust is most often compared with the following Financial Services names: