Stock of the Day: CENTRAL GOLDTRUST (NYSE:GTU) PDF Print E-mail
Stock of the Day - Daily Article
Written by MsEconometrica   
Saturday, 13 August 2011 07:58

Central GoldTrust (NYSE: GTU TSX:GTU.U) is a gold holding trust that provides a convenient, secure, low-cost, exchangew- tradeable option for investors. Central GoldTrust, founded in 2003, invests in long-term holdings of unencumbered gold bullion, 400 troy ounce international bar sizes. GoldTrust does not speculate with regard to short-term changes in gold prices. Its physical gold is insured, stored, segregated in the Canadian Imperial Bank of Commerce bank treasury which one of the largest banks in Canada. As of December 31, 2010, the property GoldTrust consisted of 610,832 fine ounces. Goldtrust offers investors favourable way to invest a little or a lot in gold bullion. GoldTrust’s stock exchange listings support readily quoted markets for the Units. The bid/ask spreads are substantially less than the buying and selling price, especially for small transactions.

Central GoldTrust has a market cap of $1.15 billion. GTU has a P/E ratio of 6.22. Net income for the three months ended June 30, 2011, was $39.8 million, representing a 23.75% decrease from the comparative period in 2010. During the three months ended June 30, 2011, GTU reports Net assets of $933.7 million, representing a 4.4% increase from the same period of 2010. Central GoldTrust had a 32.86% EPS growth in the past 5 years. GTU has a profit margin of 98.11% but does not give any dividend yield.

Last Updated on Saturday, 13 August 2011 11:52


0 #26 Dakota 2017-03-19 08:51
What's up i am kavin, its my first time to commenting anywhere, when i
read this article i thought i could also make comment due to this good post.

my blog: tea party recipes: http://www.thesnug.com/mistakes-women-make-while-choosing-a-wedding-dress-2099679395.html
0 #25 Cleta 2017-03-19 04:13
I have been exploring for a little for any high-quality articles or blog posts on this kind of house .
Exploring in Yahoo I at last stumbled upon this website.

Studying this info So i am satisfied to convey that I've a very excellent
uncanny feeling I found out just what I needed. I so
much indisputably will make certain to don't put out
of your mind this website and give it a glance regularly.

my web blog: new york bridal shops: http://www.arthood.com/blogs/2103/2053/planning-your-wedding-on-a-tight-budget
0 #24 Tracee 2017-03-18 20:49
Keep on writing, great job!

Here is my website - wedding costs: http://artjournalist.com/myblog/tips-for-wedding-abroad/
0 #23 Amie 2017-03-18 18:23
Hello, i feel that i noticed you visited my site so i got here to ?return the favor?.I'm trying to to find issues
to improve my site!I guess its ok to use some of your ideas!!

my blog post wedding
reception songs: http://www.thesnug.com/mistakes-women-make-while-choosing-a-wedding-dress-2099679395.html
0 #22 Evelyne 2017-03-18 05:45
Some truly superb posts on this web site, regards for contribution.

Here is my site ... wedding couple weeks: http://artjournalist.com/myblog/tips-for-wedding-abroad/
0 #21 Mammie 2017-03-17 17:30
Hello to every body, it's my first pay a visit of this web site;
this web site carries remarkable and really good data in favor of readers.

Here is my blog post: certain design: http://www.thesnug.com/mistakes-women-make-while-choosing-a-wedding-dress-2099679395.html
0 #20 Jessica 2017-03-16 15:53
Great article indeed. I've been awaiting for this

Stop by my site :: wedding
budget: http://brooklynne.net/profiles/blogs/important-things-you-should-prepare-for-before-your-wedding
0 #19 Gilda 2017-03-14 21:21
What's Happening i'm new to this, I stumbled upon this I have discovered It absolutely useful and it has helped me out loads.
I hope to give a contribution & assist different customers like its aided me.

Great job.

My web page wedding
reception songs: http://artjournalist.com/myblog/tips-for-wedding-abroad/
0 #18 Jenifer 2017-03-14 15:05
Hello, after reading this amazing post i am as
well delighted to share my know-how here with colleagues.

Feel free to surf to my web-site - wedding cards: http://www.thesnug.com/mistakes-women-make-while-choosing-a-wedding-dress-2099679395.html
0 #17 Tracee 2017-03-14 08:57
If some one wants to be updated with latest technologies afterward he must be visit this site and be
up to date daily.

Also visit my web blog ... elite limo: http://artjournalist.com/myblog/tips-for-wedding-abroad/

Add comment

Comments are greatly appreciated.

Security code

. .