Sprott Trust Q1: Secure Bullion Investment

Sprott Physical Platinum and Palladium Trust Trust Units (SPPP) has released an update.

Sprott Physical Platinum and Palladium Trust reported a decrease in unrealized losses on their bullion holdings for the first quarter of 2024, with net assets totaling $111.6 million. The Trust’s units, trading on the NYSE Arca and TSX, saw a slight discount to net asset value, while operating expenses rose compared to the previous year. Despite a challenging quarter, the Trust remained focused on providing investors with a secure option for investing in physical platinum and palladium bullion.

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