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StockVS

TSX · Asset Management · CAD

Sprott Physical Gold and Silver Trust (CEF.TO) Stock Analysis

Sprott Physical Gold and Silver Trust (CEF.TO) is a Asset Management stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

CEF.TO

CA$56.98

+CA$0.21 (+0.37%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CEF.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$56.85
Previous Close
CA$56.77
Day's Range
56.35–56.98
52-Week Range
50.60–84.05
Volume
5.28K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.35
Valuation
Market Cap
CA$10.20B
P/E Ratio
3.92
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
4.59
EPS (ttm)Profit attributable to each share over the last twelve months.
14.85
Financials (FY)
Revenue (FY)
CA$4.36B+327.39%
Net Income (FY)
CA$4.36B+328.61%
Profit marginThe share of revenue left as profit after all costs and taxes.
98.23%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
175.37M
1-Year Return
+7.39%
Dividend and dates
Avg Volume
19.32K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, CEF.TO closed at CA$56.98, +7.39% over 1 year.

Sprott Physical Gold and Silver Trust (CEF.TO) has a market capitalization of CA$10.20B.

In fiscal 2025, CEF.TO reported revenue of CA$4.36B.

CEF.TO Stock Return by Calendar Year

Sprott Physical Gold and Silver Trust (CEF.TO) return since Jan 2018: what CA$10,000 became

1 year
CA$10,000 CA$10,739
+7.39%
5 years
CA$10,000 CA$25,783
+157.83%
Since Jan 2018
CA$10,000 CA$35,613
+256.13%

If you had invested CA$10,000 in Sprott Physical Gold and Silver Trust (CEF.TO) at the close on January 18, 2018, the earliest close on record here, it would have been worth CA$35,613 at the close on October 21, 2026: +256.13% in total, +15.61% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−9.30%
2025+83.74%
2024+34.77%
2023+4.70%
2022+7.88%
2021−8.74%
2020+29.32%
2019+11.22%
2018+6.94%

As of October 21, 2026.

CEF.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$4.36BCA$4.36B99.9%
2024CA$1.02BCA$1.02B99.6%
2023CA$312.95MCA$308.54M98.6%
2022CA$8.15MCA$4.73M58.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$4.36B——CA$4.36B99.9%
2024CA$1.02B——CA$1.02B99.6%
2023CA$312.95M——CA$308.54M98.6%
2022CA$8.15M——CA$4.73M58.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

CEF.TO Valuation vs Asset Management Median

Median of 512 stocks
MetricCEF.TOAsset Management medianvs median
P/E3.929.4458% below
P/S ratio4.598.5947% below
Profit margin98.23%74.97%23.3 pts above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Sprott Physical Gold and Silver Trust (CEF.TO) carries a market capitalisation of CA$10.20B. The company sits in the Financial Services sector, in the Asset Management industry.

Over the past 52 weeks the price has ranged from CA$50.60 to CA$84.05. CEF.TO last closed at CA$56.98 on October 21, 2026. That is +CA$0.21 (+0.37%) against the previous close. The latest close sits 12.61% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$4.36B. That is +327.39% against the prior fiscal year, when revenue was CA$1.02B. The same year closed with net income of CA$4.36B. That is +328.61% against the prior fiscal year. The reported profit margin is 98.23%. That is 23.3 percentage points above the Asset Management median of 74.97%. Earnings per share on a trailing basis come to 14.85.

Across the 4 fiscal years on file, revenue moves from CA$8.15M in 2022 to CA$4.36B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

CEF.TO trades at a trailing price-to-earnings ratio of 3.92. That is 58.47% below the Asset Management median of 9.44. The price-to-sales ratio is 4.59. On price-to-sales that is 46.6% below the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.35. Annualized volatility over the trailing 8 years is 22.9%. The trailing one-year total return is +7.39%. Across 5 years the annualized return works out at +20.86%.

Growth & Income

No dividend is on file for CEF.TO.

The strongest complete calendar year on file is 2025 at +83.74%; the weakest is 2021 at −8.74%. Of the 8 complete calendar years on file, 7 finished higher. So far in 2026 the total return is −9.30%.

Peer Comparison

Sprott Physical Gold and Silver Trust (CEF.TO) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Sprott Physical Gold and Silver Trust CEF.TO CA$10.20B 3.9
BlackRock, Inc. BLK $184.31B 25.8
Blackstone Inc. BX $127.43B 23.9
Brookfield Corporation BN $83.74B 69.5

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Asset Management industry average P/E ratio is 9.4x. Sprott Physical Gold and Silver Trust trades at a P/E of 3.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Sprott Physical Gold and Silver Trust

Sprott Physical Gold and Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management LP. The fund invests in commodity markets. It invests in London Good Delivery physical gold and silver bullion. Sprott Physical Gold and Silver Trust was formed on October 26, 2017 and is domiciled in Canada.

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