What Do Analysts Say About Sprott Physical Platinum and Palladium Trust (SPPP)?

Colin Adrian

Sprott Physical Platinum and Palladium Trust (SPPP) saw an uptrend of 3.89% in the recent trading with $19.75 being its most recent. The current price level -0.95% lower than the highest price of $19.94 marked by the stock while trading over the past 52-weeks, whereas it is 121.66% higher than the lowest price of $8.91 the company dropped to over past 52-weeks. The latest news story on SPPP appeared in (GlobeNewswire) under the title “Sprott Physical Platinum and Palladium Trust Updates its “At-the-Market” Equity Program”.

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.

Sprott Physical Platinum and Palladium Trust Earnings – What Happened With SPPP

Coming around sales and income figures on SPPP Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

Sprott Physical Platinum and Palladium Trust – Insider Activity and Holdings

As on 2024-06-30, FEDERATION DES CAISSES DESJARDINS DU QUEBEC was the top most holder in Sprott Physical Platinum and Palladium Trust (AMEX:SPPP) with an ownership of 0.57 million shares of the company or 4.4519 of the stake worth $5.46 million. The filing also reveals POLAR ASSET MANAGEMENT PARTNERS INC. as the second largest holder in the company with a control over 1.612 of the outstanding shares. Its stake is worth $2.01 million for having 0.21 million shares in hand.

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