Sprott Physical Silver Trust (PSLV) Stock: A Look at the Analyst Recommendations

XPO

PSLV has 36-month beta value of 0.70.

PSLV currently public float of 512.52M.The average trading volume of PSLV on October 04, 2024 was 5.16M shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

PSLV) stock’s latest price update

The stock of Sprott Physical Silver Trust (AMEX: PSLV) has increased by 1.25 when compared to last closing price of 10.78. Despite this, the company has experienced a 2.78% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-01 that Silver has provided significant returns, up over 40% in the last year, and may catch up to gold in the ongoing precious metal bull market. The Federal Reserve’s interest rate cuts and potential increased industrial use from China could support further appreciation in silver prices. Silver’s industrial demand, particularly for solar cells and electric vehicles, combined with supply deficits, suggests a strong potential for future gains.

PSLV’s Market Performance

Sprott Physical Silver Trust (PSLV) has seen a 2.78% rise in stock performance for the week, with a 11.72% gain in the past month and a 4.15% surge in the past quarter. The volatility ratio for the week is 2.22%, and the volatility levels for the past 30 days are at 2.24% for PSLV. The simple moving average for the past 20 days is 5.80% for PSLV’s stock, with a 18.88% simple moving average for the past 200 days.

PSLV Trading at 9.60% from the 50-Day Moving Average

After a stumble in the market that brought PSLV to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.32% of gains for the given period.

Volatility was left at 2.24%, however, over the last 30 days, the volatility rate increased by 2.22%, as shares surge +13.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.79% upper at present.

During the last 5 trading sessions, PSLV rose by +1.32%, which changed the moving average for the period of 200-days by +32.68% in comparison to the 20-day moving average, which settled at $10.38. In addition, Sprott Physical Silver Trust saw 35.09% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for PSLV

Current profitability levels for the company are sitting at:

  • 6.44 for the present operating margin
  • 0.86 for the gross margin

The net margin for Sprott Physical Silver Trust stands at 6.44. The total capital return value is set at 0.21.

Currently, EBITDA for the company is -53.53 million with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 34.58.

Conclusion

To put it simply, Sprott Physical Silver Trust (PSLV) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts