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SPPP

NEO
18.059999 CAD
0.66
3.79%
Last update Jul 17, 3:54 PM EDT
Market closed
Day range
17.58000
18.16000
Previous close
17.40000
Open
17.58000
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Sprott Physical Platinum and Palladium Trust
18.06
0.66
3.79%

Overview

Description

Sprott Physical Platinum and Palladium Trust is a closed-end fund that invests and holds physical platinum and palladium. The primary function of the trust is to provide investors with a secure and convenient way to invest in these two precious metals without the complexities of storage or management. As precious metals, platinum and palladium are significant in various industrial applications, including catalytic converters in the automotive industry, electronics, and jewelry. The trust holds actual bars of these metals in secure vaults, providing transparency and independent audits to ensure the authenticity and quantity of the holdings. By offering a tangible way for investors to gain exposure to platinum and palladium, the trust plays a key role in diversifying portfolios with assets that can hedge against inflation and currency fluctuations. The focus on physical holdings differentiates it from other investment vehicles, adding layers of security and tangibility to its market significance.

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 12 hours 36 minutes

19:23
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).