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SPTJF

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

Analysis and statistics

  • Open
    0.1566$
  • Previous Close
    0.1566$
  • 52 Week Change
    0.09$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.1$ - 0.185$
  • Dividend Per Share
    --
  • Market cap
    3 389 M$
  • EPS
    -0.0012
  • Beta
    0.802
  • Volume
    --

About

SPTJF.US represents the Sprott Physical Silver Trust, an exchange-traded trust that invests and holds substantially all of its assets in physical silver bullion. The trust aims to provide a secure, convenient, and exchange-traded investment alternative for investors who want to hold physical silver without the inconvenience of storing and insuring it themselves. Investors purchase units of the trust, representing a fractional undivided beneficial interest in the silver held by the trust. The trust's silver is stored in secure storage facilities, and the value of the units is generally expected to fluctuate with the price of silver.
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Factors

FactorName: SPTJF.US reflects the performance of the SP Funds Junior Miners ETF. Its price is driven by underlying junior mining companies.

FactorName: Global economic conditions significantly impact demand for mined materials. Strong economic growth often leads to increased demand and potentially higher prices for junior mining stocks.

FactorName: Fluctuations in precious metals prices, such as gold and silver, directly affect the profitability and perceived value of junior mining companies focused on these resources.

FactorName: Geopolitical risks and political instability in regions where junior miners operate can create uncertainty and negatively affect stock prices.

FactorName: Changes in government regulations related to mining, environmental protection, and permitting processes can significantly impact operational costs and profitability.

FactorName: Exploration success or failure, as well as resource discoveries, can dramatically alter the perceived value of junior mining companies.

FactorName: Market sentiment and investor risk appetite play a crucial role. Junior miners are generally considered higher-risk investments, so their performance is sensitive to market volatility.

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