Bullboard - Stock Discussion Forum Precious Metals and Mining Trust T.MMP.UN

Alternate Symbol(s): PMMTF

Precious Metals and Mining Trust (the Trust) is a Canada-based investment trust. The Trust's investment objectives are to provide unitholders with long-term capital appreciation and monthly cash distributions. The Trust's assets allocation includes Canadian equity, international equity, cash and equivalents, United States equity and other. The Trust invests in various sectors, including gold... see more

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Precious Metals and Mining Trust > MMP.un trading at about 12.5% discount to NAV

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Post by mouserman on Dec 02, 2020 10:47am

MMP.un trading at about 12.5% discount to NAV

SO last posted NAV to dec 1 on CI funds site was up to 2.5194, so lets say 2.52 and trading around 2.20... a 32 cent discount. Holdings are flat to down a little today, but gold bouncing back up to 1825$ USD at this point... and I dont think many miners are losing money at that price. Due for a bounce back up again here today, after a nice bump yesterday . MMP.un NAV jumped about 7.5 cents yesterday, and that was reflected in the stock price.

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