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Sprott Physical Gold Trust (TSX:PHYS.U) Shares Outstanding (EOP) : 416 Mil (As of Sep. 2024)


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What is Sprott Physical Gold Trust Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sprott Physical Gold Trust's shares outstanding for the quarter that ended in Sep. 2024 was 416 Mil.

Sprott Physical Gold Trust's quarterly shares outstanding increased from Jun. 2024 (398 Mil) to Sep. 2024 (416 Mil). It means Sprott Physical Gold Trust issued new shares from Jun. 2024 to Sep. 2024 .

Sprott Physical Gold Trust's annual shares outstanding increased from Dec. 2022 (397 Mil) to Dec. 2023 (401 Mil). It means Sprott Physical Gold Trust issued new shares from Dec. 2022 to Dec. 2023 .


Sprott Physical Gold Trust Shares Outstanding (EOP) Historical Data

The historical data trend for Sprott Physical Gold Trust's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sprott Physical Gold Trust Shares Outstanding (EOP) Chart

Sprott Physical Gold Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 200.25 321.58 343.32 397.35 401.31

Sprott Physical Gold Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 401.56 401.31 392.41 397.79 416.50

Competitive Comparison of Sprott Physical Gold Trust's Shares Outstanding (EOP)

For the Asset Management subindustry, Sprott Physical Gold Trust's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sprott Physical Gold Trust's Shares Outstanding (EOP) Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Gold Trust's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Sprott Physical Gold Trust's Shares Outstanding (EOP) falls into.



Sprott Physical Gold Trust Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Sprott Physical Gold Trust  (TSX:PHYS.U) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Sprott Physical Gold Trust Shares Outstanding (EOP) Related Terms

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Sprott Physical Gold Trust Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, P.O. Box 26, Toronto, ON, CAN, M5J 2J1
Sprott Physical Gold Trust is a closed-end mutual fund trust. The company provides a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience associated with direct investment in physical gold bullion. The company invests mainly in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not and will not speculate about short-term changes in gold prices.

Sprott Physical Gold Trust Headlines

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