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PNP

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    13.9814$
  • Previous Close
    14.3804$
  • 52 Week Change
    17.13$
  • Day Range
    -0.40$
  • 52 Week High/Low
    6.88$ - 24.01$
  • Dividend Per Share
    --
  • Market cap
    133 M$
  • EPS
    -0.1794
  • Beta
    0.512
  • Volume
    --

About

PNP.TO represents units of the Purpose High Interest Savings ETF, traded on the Toronto Stock Exchange. This ETF seeks to provide a high level of current income while preserving capital by investing primarily in high-interest deposit accounts with Canadian banks and other financial institutions. Essentially, it's designed to offer investors a relatively safe and liquid way to earn interest comparable to high-interest savings accounts, but within an ETF structure.
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Factors

Financial Performance: PNP.TO's revenue, earnings, and profitability significantly impact investor confidence and stock price.

Market Sentiment: Overall market optimism or pessimism, influenced by economic news and global events, affects demand and supply, influencing PNP.TO shares.

Industry Trends: Developments within the precious metals and mining sectors, like metal prices or technological advancements, can move PNP.TO.

Company News: Announcements about exploration results, production updates, or strategic partnerships directly affect investor perceptions and PNP.TO value.

Economic Conditions: Interest rates, inflation, and economic growth influence investment decisions and therefore, impact PNP.TO demand.

Commodity Prices: The price of platinum and palladium, the primary metals mined by Platinum Group Metals, strongly correlates with the PNP.TO stock price.

Geopolitical Risks: Political instability or regulatory changes in mining regions can impact production costs and investor confidence, affecting PNP.TO.

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