Sprott Physical Copper Trust (symbol, COP.UN) traded in Canada COP.UN is showing a big discount of about 20% against NAV
So a buy set up in COP.UN around current levels of about CAD 9,65 could show some nice profits
in the coming months when the discount will probably getting smaller.
Potential upside 20%
Long positions in COP.UN can be hedged by going sh
Key stats
About SPROTT PHYSICAL COPPER TRUST
Home page
Inception date
Jun 6, 2024
Structure
Canadian Commodity Pool (ON)
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Primary advisor
Sprott Asset Management LP
The Trust is the world's first physical copper fund, offering a secure and convenient alternative for investing in copper. It primarily holds long-term Copper assets and uses strategies such as futures contracts and warehouse receipts to enhance value and minimize risks. Copper demand is projected to rise due to global economic recovery, clean energy transitions, and technological advancements, potentially leading to a supply deficit starting this year. The Trust provides daily NAV reporting, lower costs, and logistical support. Copper is stored in reputable CME or LME-approved facilities with insurance against risks like loss, theft, or damage. The Trust adheres to ESG principles, following LME Responsible Sourcing rules, OECD guidelines, and UN Global Compact standards. SAM US advises on futures and other financial instruments. The Trust is unleveraged, only using short-term borrowings to settle trades. Daily NAV reporting ensures transparency.
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.