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Sprott Physical Silver

Company price
23.74 CAD 1.29 ( 5.75%)
Last update at 2026-11-04T20:37:00Z
VOLUME
437210
Market Cap
21193.17M
P/E
1.58

Momentum Score

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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.

Source: TradingView
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Day Price Range
23.35
Low
23.76
High
52 Week Price Range
14.79
Low
52.26
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Sprott Physical Silver Trust (PSLV) is a closed-end trust that holds allocated, vaulted physical silver bullion to provide investors direct exposure to silver prices. Long-term growth drivers include industrial demand for silver (electronics, solar), use as an inflation or store-of-value hedge, and constrained mined supply which could support price appreciation. The trust may appeal to investors seeking allocated physical-metal exposure with limited counterparty reliance and independent audits.

Principal investment risks include sizeable silver price volatility and commodity cyclicality, together with storage, liquidity and tax/regulatory treatment risks that investors should monitor.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
22.45
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-
Net Debt
-198.93M
ROCE
56.11%
Diluted EPS TTM
21.23

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 8478.21M 821.21M -53.53M 103.22M -549.51M
Net income 8478.21M 821.21M -53.53M 103.22M -549.51M
Selling general administrative 5.95M 4.77M 4.57M 3.60M 4.57M
Gross profit -42.11M 827.54M -47.43M 107.82M -543.69M
Ebit - - -53.70M - -
Ebitda 8478.21M 821.21M -53.53M 103.22M -549.51M
Depreciation and amortization - - 0.17M - -
Operating income 8478.20M 821.21M -53.53M 103.22M -549.51M
Other operating expenses 8480.95M 6.33M 6.11M 4.60M 5.83M
Interest expense - - - - 0.00M
Interest income - - - - 0.01M
Income tax expense - - -0.17M - -
Total revenue -2.74M 827.54M -47.43M 107.82M -543.69M
Total operating expenses -8520.31M 6.33M 6.11M 4.60M 5.83M
Cost of revenue 39.36M - - - 19.30M
Total other income expense net 0.00M - -53.53M - -
Net income from continuing ops 8478.21M 821.21M -53.53M 103.22M -549.51M
Net income applicable to common shares - - - - -549.51M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 15298.83M 5229.84M 4071.73M 4100.99M 3600.59M
Total liab 189.92M 2.45M 2.16M 9.74M 0.48M
Total stockholder equity 15108.91M 5227.39M 4069.57M 4091.25M 3600.11M
Other current liab 188.87M - -2.16M -0.14M -0.48M
Common stock 6171.12M - 4428.46M 4427.14M 4036.79M
Capital stock 6171.12M 4761.97M 4428.46M 4427.14M 4036.79M
Retained earnings 9037.39M 559.25M -266.72M -244.82M -348.17M
Other assets - - - 0.03M 0.19M
Cash 198.93M 9.73M 5.87M 15.99M 3.19M
Total current liabilities 189.92M - 2.16M 0.14M 0.48M
Net debt -198.93M - -5.87M -15.99M -3.19M
Short term debt - - - - 0.00M
Other stockholder equity -99.59M - -92.17M -91.07M -88.51M
Total current assets 198.93M - 5.87M 15.99M 3.19M
Long term investments 15099.89M 5220.11M 4065.86M 4084.96M 3597.21M
Short term investments - - - - 3597.21M
Accounts payable 1.04M 2.45M 2.16M 0.14M 0.48M
Non currrent assets other 15099.89M - -4065.86M -4084.96M -3597.21M
Non current assets total 15099.89M - 4065.86M 4084.96M 3597.21M
Long term debt total - - - - 0.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -1359.33M -325.09M -149.52M -364.29M -1719.69M
Total cashflows from investing activities -1359.33M -325.09M -149.52M - -1719.69M
Total cash from financing activities 1403.31M 356.65M 170.78M 387.92M 1741.81M
Net income 8478.21M 821.21M -53.53M 103.22M -549.51M
Change in cash 188.73M 3.87M -10.13M 12.80M 0.57M
Begin period cash flow 10.20M 5.87M 15.99M 3.19M 2.62M
End period cash flow 198.93M 9.73M 5.87M 15.99M 3.19M
Total cash from operating activities 145.21M -27.69M -31.38M -10.83M -21.55M
Issuance of capital stock 1409.21M 358.82M 174.81M 390.96M 1755.96M
Other cashflows from investing activities - - - - -1719.69M
Sale purchase of stock -0.12M -0.50M -2.93M -0.46M -0.01M
Other cashflows from financing activities - -1.67M -1.10M -2.58M -14.15M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital 187.46M 0.29M -7.55M 9.41M 0.01M
Other non cash items -8520.46M -849.20M 29.70M -123.47M 527.96M
Free cash flow 145.21M -27.69M -31.38M -10.83M -21.55M

Peer Comparison*

Sector: Financial Services Industry: Asset Management

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
PSLV
Sprott Physical Silver
1.29
5.75%
23.74 1.58 - 1.84 1.07 1.93
BLK
BlackRock CDR (CAD Hedged)
1.70
5.77%
31.14 25.23 18.90 6.38 2.79 6.35
BN
Brookfield Corporation
3.35
5.89%
60.20 94.76 11.96 1.84 2.36 4.58
BAM
Brookfield Asset Management Ltd
4.01
5.62%
75.33 31.22 25.51 22.40 9.70 17.61
PHYS
Sprott Physical Gold Trust
1.14
2.74%
42.73 3.81 - 3.47 1.06 4.09

Profile*

Sprott Physical Silver

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.

200 Bay Street, Toronto, ON, Canada, M5J 2J1

416 943 8099

Name Title Year Born
Mr. John Noble-George Wilson CEO, Co-Chief Investment Officer & Sr. Portfolio Mang. 1964
Mr. James Robert Fox Pres, Managing Director of Private Wealth and Director NA
Mr. Scott D. Colbourne CFA Co-Chief Investment Officer of Sprott Asset Management LP NA
Ms. Kirstin Heath McTaggart Chief Compliance Officer of Sprott Asset Management LP 1967
Mr. Peter J. Hodson CFA Sr. Portfolio Mang. of Sprott Asset Management LP and Director of sprott Asset Management LP NA
Mr. John Noble-George Wilson CEO, Co-Chief Investment Officer & Senior Portfolio Manager 1965
Mr. James Robert Fox President, Managing Director of Private Wealth and Director NA
Mr. Steven Paul Rostowsky CFA CFO - Sprott Asset Management LP and Principal Accounting Officer of Sprott Asset Management LP NA
Mr. Peter J. Hodson CFA Senior Portfolio Manager of Sprott Asset Management LP and Director of sprott Asset Management LP NA
Mr. John Noble-George Wilson CEO, Co-Chief Investment Officer & Senior Portfolio Manager 1964

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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