Investment Q&A

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Royal Canadian Mint - Canadian Gold Reserves Exchange-Traded Receipts (MNT $61.51)
- $61.51 P/E (TTM): 19.5X Cap: $2.46B
- View MNT Profile
- View Questions on MNT
Royal Canadian Mint - Canadian Gold Reserves Exchange-Traded Receipts (MNT.U $43.76)
- $43.76 P/E (TTM): 19.5X Cap: $1.73B
- View MNT.U Profile
- View Questions on MNT.U

Q: Can you explain how buying this ETR in US dollars (MNT.U) works when it is traded on a Canadian stock exchange in comparison to MNT? Am I actually getting US dollars when I sell it or are these converted to C$ with a corresponding hit because of exchange rate? Is it better to buy MNT or MNT.U? Thank you.

Asked by John on April 01, 2025

5i Research Answer:

MNT.U trades in Canada, but all transactions are settled in US dollars. One buys in US$ and...

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