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COP.U

NEO
7.51000 USD
0
0%
Last update Jun 16, 12:20 PM EDT
Market closed
Day range
7.51000
7.51000
Previous close
7.51000
Open
7.51000
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Sprott Physical Copper Trust
7.51
0
0%

Overview

Description

Sprott Physical Copper Trust is an investment vehicle that allows investors to gain exposure to the price movements of copper through ownership in a physical copper holding. Its primary function is to track the price of copper, thus giving investors an alternative way to hedge against inflation or economic changes that affect the copper market. Copper is an essential industrial metal used extensively in various industries, including construction, electrical, and electronics manufacturing. The trust holds physical stocks of copper, ensuring that its value directly correlates to the prices in the copper commodity market. As a significant player in the commodities investment sector, the Sprott Physical Copper Trust provides transparency and efficiency, offering investors a precise mechanism for investing in the actual underlying physical asset, rather than through derivatives or other complex financial products. This allows participants to benefit from potential price increases in copper, driven by global demand and consumption trends.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Canada
MIC code
NEOE
Market closed

Exchange is currently closed
Pre-market opens in 3 hours 37 minutes

04:22
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).