Sprott Physical Gold Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2019
November 14, 2019 at 04:16 pm EST
Sprott Physical Gold Trust reported earnings results for the third quarter and nine months ended September 30, 2019. For the quarter, the company reported the total change in unrealized gains on physical gold bullion amounted to $95.4 million compared to the change in unrealized losses of $100.6 million during the same period in 2018. Net income and comprehensive income was $94,967,911 against loss of $105,196,620 a year ago.
For the nine months, the company reported the total change in unrealized gains on physical gold bullion amounted to $296.4 million compared to the change in unrealized losses of $188.7 million during the same period in 2018. Net income and comprehensive income was $290,411,515 against loss of $196,513,768 a year ago.