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Ishares Gold Trust  (IAU)
Other Ticker:  
 
    Sector  Financial    Industry Exchange Traded Funds Etf
 
Price: $40.8000 $-0.12 -0.293%
Day's High: $40.98 Week Perf: -1.09 %
Day's Low: $ 40.77 30 Day Perf: 8.34 %
Volume (M): 3,703 52 Wk High: $ 41.53
Volume (M$): $ 151,074 52 Wk Avg: $37.50
Open: $40.83 52 Wk Low: $34.35



 Market Capitalization (Millions $) 27,708
 Shares Outstanding (Millions) 679
 Employees 1
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) 3,252
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Ishares Gold Trust

The purpose of the iShares® Gold Trust (the “Trust”) is to own gold transferred to the Trust in exchange for shares issued by the Trust (“Shares”). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist primarily of gold held by the Trust’s custodian on behalf of the Trust. However, there may be situations where the Trust will unexpectedly hold cash. For example, a claim may arise against a third party, which is settled in cash. In situations where the Trust unexpectedly receives cash or other assets, no new Shares will be issued until after the record date for the distribution of such cash or other property has passed.

The Trust was formed on January 21, 2005 when an initial deposit of gold was made in exchange for the issuance of three Baskets (a “Basket” consists of 50,000 Shares). The Trust is a grantor trust formed under the laws of the State of New York.

The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the “Sponsor”), a Delaware limited liability company and an indirect subsidiary of BlackRock, Inc. The trustee of the Trust is The Bank of New York Mellon (the “Trustee”) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the “Custodian”). The agreement between the Trust and the Custodian is governed by English law. The Trust does not have any officers, directors or employees.

The Trust seeks to reflect generally the performance of the price of gold. The Trust seeks to reflect such performance before payment of the Trust’s expenses and liabilities. The Shares are intended to constitute a simple and cost-effective means of making an investment similar to an investment in gold. An investment in physical gold requires expensive and sometimes complicated arrangements in connection with the assay, transportation, warehousing and insurance of the metal. Traditionally, such expense and complications have resulted in investments in physical gold being efficient only in amounts beyond the reach of many investors. The Shares have been designed to remove the obstacles represented by the expense and complications involved in an investment in physical gold, while at the same time having an intrinsic value that reflects, at any given time, the price of the gold owned by the Trust at such time, less the Trust’s expenses and liabilities. Although the Shares are not the exact equivalent of an investment in gold, they provide investors with an alternative that allows a level of participation in the gold market through the securities market.



   Company Address: 400 Howard Street San Francisco 94105 CA
   Company Phone Number: 670-2000   Stock Exchange / Ticker: NYSEArca IAU
   


Customers Net Income fell by IAU's Customers Net Profit Margin fell to

-47.82 %

9.29 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
GLD   -1.13%    
GSG        2.35% 
SLV        3.04% 
AEL        0.52% 
• View Complete Report
   



Ishares Gold Trust

Ishares Gold Trust (IAU) Shines with 37.02% Increase in Profit per Share

Ishares Gold Trust (IAU) has recently released its financial results for the most recent fiscal period. The company reported a significant increase in profit per share, with a surge of 37.02% to $3.63 per share compared to $2.65 per share a year ago. This positive growth in profit per share is a promising sign for the company and its investors.
Furthermore, the net profit per share also turned positive, going from -$0.75 per share in the previous quarter to a positive figure in the most recent fiscal period. This turnaround in net profit per share demonstrates the company's ability to generate profits and improve its financial performance.

Ishares Gold Trust

IAU's Underwhelming Revenue Performance Sends Worries to Investors!



Ishares Gold Trust, a prominent player in the gold investment market, has recently released its financial results for the most recent fiscal period. Unfortunately, the company's performance paints a grim picture for investors. Despite a slight improvement in losses per share and income per share, the lack of revenue growth and significant net losses indicate a concerning trend. Furthermore, recent market trends and a drop in share price only compound the bearish sentiment surrounding Ishares Gold Trust.
Earnings and Revenue Deterioration
In the most recent fiscal period, Ishares Gold Trust reported a decrease in losses per share to $-0.75, compared to $-2.82 in the same period a year prior. While this may initially appear positive, it is crucial to note that the loss per share remains high. The company's income per share improved slightly from $-1.32 to -$1.32, but this improvement is merely marginal and does little to instill confidence in the company's financial health.

Ishares Gold Trust

Ishares Gold Trust Maintains Revenue Consistency into Q2 2023 Despite Sharp Fall in Profitability

As a stock market journalist, I have been analyzing the recent financial results of Ishares Gold Trust, and there are a few key points worth noting.
Firstly, regarding the company's earnings, in the most recent fiscal period, Ishares Gold Trust experienced a net loss of $-1.32 per share. This is a significant improvement compared to the previous year's loss of $-2.41 per share, suggesting that the company's financial performance has improved over time. Additionally, it is worth mentioning that compared to the previous quarter, the company's income per share fell from $3.11 to $-1.32, indicating a decline in profitability.

Ishares Gold Trust

Investment Services Company Faces Lackluster Revenue throughout Recent Fiscal Period

The stock market has been buzzing lately with some exciting developments from the Ishares Gold Trust financial report. The latest fiscal period saw an impressive 36.4% surge in profit per share, an increase from $2.28 a year ago to $3.11 per share. Additionally, net profit per share grew by an impressive 17.44% compared to the previous reporting season, with a reported figure of $2.65 per share.
Despite revenue remaining unchanged at $0.00 million compared to the corresponding reporting season a year ago, sequential reports showed a promising increase from $152.41 million. This is a clear indication of the trust's steadfastness and ability to perform consistently despite the volatile market conditions.






 




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