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Sprott Physical Silver (PSLV)



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Upturn Advisory Summary
04/07/2025: PSLV (1-star) is a SELL. SELL since 2 days. Profits (-3.60%). Updated daily EoD!
Analysis of Past Performance
Type Stock | Historic Profit -5.37% | Avg. Invested days 41 | Today’s Advisory SELL |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.29B USD | Price to earnings Ratio 6.17 | 1Y Target Price - |
Price to earnings Ratio 6.17 | 1Y Target Price - | ||
Volume (30-day avg) 46451053 | Beta - | 52 Weeks Range 8.81 - 11.77 | Updated Date 04/7/2025 |
52 Weeks Range 8.81 - 11.77 | Updated Date 04/7/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.23 |
Earnings Date
Report Date 2025-03-24 | When After Market | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE 6.17 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 6.4 |
Enterprise Value - | Price to Sales(TTM) 6.4 | ||
Enterprise Value to Revenue 6.4 | Enterprise Value to EBITDA -7.68 | Shares Outstanding 483128992 | Shares Floating - |
Shares Outstanding 483128992 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 16.51 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Sprott Physical Silver
Company Overview
History and Background
Sprott Physical Silver Trust (PSLV) was established to invest and hold substantially all of its assets in physical silver bullion. It provides a secure way to invest in physical silver through a publicly traded vehicle.
Core Business Areas
- Physical Silver Investment: The primary business is investing in and holding unencumbered, physical silver bullion in secure storage facilities. Investors can gain exposure to silver without the complexities of direct ownership.
Leadership and Structure
Sprott Asset Management LP serves as the investment manager for Sprott Physical Silver Trust. The trust is structured as a closed-end fund.
Top Products and Market Share
Key Offerings
- PSLV Units: Exchange-traded units representing ownership of physical silver held in trust. Market share fluctuates with investment flows into physical silver ETFs and trusts. Competitors include SLV, SIVR, and individual ownership.
Market Dynamics
Industry Overview
The physical silver investment industry is influenced by macroeconomic factors, inflation expectations, industrial demand, and investment sentiment. Demand is derived from both investment and industrial purposes.
Positioning
Sprott Physical Silver Trust is positioned as a secure and transparent way to invest in physical silver, appealing to investors seeking direct exposure to the metal. A key competitive advantage is its commitment to holding 100% of its assets in physical silver, unencumbered by leases.
Total Addressable Market (TAM)
The total addressable market fluctuates with the price of silver and investor appetite for precious metals. Given that Sprott Physical Silver Trust's AUM is in the billions, it holds a significant position within the global silver investment market. Sprott is positioned well for potential inflows from investors seeking a pure play in physical silver.
Upturn SWOT Analysis
Strengths
- Direct exposure to physical silver
- Secure storage of silver bullion
- Transparent investment structure
- Lower expense ratio compared to some competitors
Weaknesses
- Price volatility of silver
- Management fees erode returns
- No income generation (no dividends)
- Market Sentiment dependent
Opportunities
- Increased investor demand for precious metals
- Expansion of industrial silver usage
- Economic uncertainty driving safe-haven demand
- Increased investor preference for physical metals
Threats
- Decline in silver prices
- Competition from other silver ETFs and investment products
- Changes in government regulations
- Economic recovery reducing safe-haven demand
Competitors and Market Share
Key Competitors
- SLV
- SIVR
- ZSLV
Competitive Landscape
PSLV competes with other silver ETFs and investment vehicles. PSLV emphasizes its commitment to holding physical silver, which may appeal to investors concerned about the counterparty risk of other ETFs.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth is dictated by silver price performance and investor interest in the trust. Historical performance mirrors silver's price movements.
Future Projections: Future growth hinges on macroeconomic trends, industrial demand, and investor sentiment toward silver. Analyst estimates vary widely depending on their silver price forecasts.
Recent Initiatives: Sprott focuses on marketing the benefits of physical silver ownership and managing the trust efficiently.
Summary
Sprott Physical Silver Trust offers a straightforward way to invest in physical silver. Its fortunes are closely tied to silver prices, offering potential upside in a rising silver market but also vulnerability to price declines. The trust's focus on physical bullion is a key differentiator in the competitive landscape, but investors need to consider the lack of dividends and the volatility of silver.
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SIVR

abrdn Physical Silver Shares ETF


SIVR

abrdn Physical Silver Shares ETF
SLV

iShares Silver Trust


SLV

iShares Silver Trust
Sources and Disclaimers
Data Sources:
- Sprott Physical Silver Trust Prospectus
- Sprott Asset Management Website
- ETF.com
- Company Filings
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share data is approximate and based on publicly available information.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Sprott Physical Silver
Exchange NYSE ARCA | Headquaters Toronto, ON, Canada | ||
IPO Launch date 2010-10-29 | CEO, Co-Chief Investment Officer & Sr. Portfolio Mang. Mr. John Noble-George Wilson | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - |
Sprott Physical Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in the commodity markets. It primarily invests in physical silver bullion in London Good Delivery bar form. Sprott Physical Silver Trust was formed on June 30, 2010 and is domiciled in Canada.
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