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Multiply the total amount of silver in trust by the spot price of silver to get the total market value of the silver in the trust. Then, divide that price by the total shares outstanding.
40,472, 902 oz. X 140 USD/oz. = 5,666,206,280 USD
5,666,206,280 USD/103,792,497 shares = $54.59 NAV per share
Thank you guys. Much appreciated. Let's hope silver does go there and beyound.
HAAAAAAAAAAAAAAAAAA HA HA HA HAAAAAAAAAAAAAA HAA ......!!!!!!!!
Surely you jest. Silver and especially this turd of a fund is going down the crapper.
$140/oz.....? HAAAAAAA HA HA HA HAAAAAAAAAAAAAAAAAAAAAAAAA
Sentiment: Strong Sell