{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NYSE/SCOP",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Sprott Physical Copper Trust (NYSE: SCOP) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Sprott Physical Copper Trust, listed on NYSE under ticker SCOP, with ISIN US85210C1009. The LEI is not on the record, as no GLEIF record carries the exact legal name in jurisdiction US-A6. The security type is non-operating entity (other), the segment is not on the record, the sector is 6221 Commodity Contracts Brokers & Dealers, and the jurisdiction is Ontario, Canada. The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 17 filings in the window 2025-11-08 to 2026-11-08, across 8 filing days: 2 prospectus, 11 regulatory filing and 4 results. The median gap between filing days is 3 days. The latest filing is dated 2026-08-13 and is of type results, and it is 87 days before the record date of 2026-11-08. The NYSE peer median is 6.0 days for cadence gap, 64.0 filings and 4.0 days latency across 3256 issuers. The sector peer median for 6221 Commodity Contracts Brokers & Dealers is 17.0 days for cadence gap, 16 filings and 5 days latency across 137 issuers.\n\n## Auditor\n\nThe auditor is not on the record, as the latest annual report cover carries no dei:AuditorName tag, and foreign private issuers and older filings carry none. The auditor's location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds one lifecycle line: a listing dated 2026-04-29. It holds no delisting, no name change, and no segment move; the segment move is not on the record because exchange tier transfers are not EDGAR filings. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The halt flag reads listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 5 research houses: Étienne Ricard, Mike Kozak, Matthew Lee, Bart Dziarski and Graham Ryding.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe record holds sealed filings for the issuer in the year 2026. The earliest sealed date for the market is 2021-01-04. The live record for the issuer began on 2026-09-12.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0002108383.json (identity.jurisdiction)\n- https://mcp.us-cm-kg.ai/events/NYSE/SCOP (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://sprott.com/investor-relations/ (coverage)\n- https://mcp.us-cm-kg.ai/record/NYSE/SCOP (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "market": "US",
    "reason": "no dei:AuditorName tag on the latest annual report cover (foreign private issuers and older filings carry none)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "US",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "US",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NYSE/SCOP",
  "coverage": {
   "count": 5,
   "houses": [
    {
     "house": "Étienne Ricard",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://sprott.com/investor-relations/",
     "state": "sourced"
    },
    {
     "house": "Mike Kozak",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://sprott.com/investor-relations/",
     "state": "sourced"
    },
    {
     "house": "Matthew Lee",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://sprott.com/investor-relations/",
     "state": "sourced"
    },
    {
     "house": "Bart Dziarski",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://sprott.com/investor-relations/",
     "state": "sourced"
    },
    {
     "house": "Graham Ryding",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://sprott.com/investor-relations/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://sprott.com/investor-relations/",
     "result": "read: 5 of 5 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 3256,
     "median_cadence_gap_days": 6,
     "median_filings": 64,
     "median_latency_days": 4,
     "name": "NYSE"
    },
    "sector": {
     "issuers": 137,
     "median_cadence_gap_days": 17,
     "median_filings": 16,
     "median_latency_days": 5,
     "name": "6221 Commodity Contracts Brokers & Dealers"
    }
   },
   "by_type": {
    "prospectus": 2,
    "regulatory_filing": 11,
    "results": 4
   },
   "cadence_median_gap_days": 3,
   "filing_days": 8,
   "filings": 17,
   "latency_days": 87,
   "latest": [
    {
     "category": "6-K",
     "date": "2026-08-13",
     "source": "https://www.sec.gov/Archives/edgar/data/2108383/000199937126017865/cop-6k_063026.htm",
     "title": "6-K — CURRENT REPORT",
     "type": "results"
    },
    {
     "category": "6-K",
     "date": "2026-07-30",
     "source": "https://www.sec.gov/Archives/edgar/data/2108383/000110465926088342/tm2621249d4_6k.htm",
     "title": "6-K — FORM 6-K",
     "type": "results"
    },
    {
     "category": "SUPPL",
     "date": "2026-07-30",
     "source": "https://www.sec.gov/Archives/edgar/data/2108383/000110465926088312/tm2621249d5_suppl.htm",
     "title": "SUPPL — SUPPL",
     "type": "regulatory_filing"
    },
    {
     "category": "F-X",
     "date": "2026-07-28",
     "source": "https://www.sec.gov/Archives/edgar/data/2108383/000110465926087624/tm2621249d3_fx.htm",
     "title": "F-X — F-X",
     "type": "regulatory_filing"
    },
    {
     "category": "F-X",
     "date": "2026-07-28",
     "source": "https://www.sec.gov/Archives/edgar/data/2108383/000110465926087623/tm2621249d2_fx.htm",
     "title": "F-X — F-X",
     "type": "regulatory_filing"
    }
   ],
   "latest_filing_date": "2026-08-13",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/SCOP",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NYSE"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-08",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US85210C1009"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002108383.json",
    "state": "sourced",
    "value": "Ontario, Canada"
   },
   "lei": {
    "market": "US",
    "reason": "no GLEIF record with the exact legal name in jurisdiction US-A6",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002108383.json",
    "state": "sourced",
    "value": "Sprott Physical Copper Trust"
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002108383.json",
    "state": "sourced",
    "value": "6221 Commodity Contracts Brokers & Dealers"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002108383.json",
    "state": "sourced",
    "value": "Non-operating entity type (other)"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "SCOP"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [
    {
     "date": "2026-04-29",
     "source": "https://www.sec.gov/Archives/edgar/data/2108383/000114336226000152/SCOP042926.pdf",
     "title": "CERT — NYSE ARCA CERTIFICATION"
    }
   ],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:cc06924d320b7b120a394ec952cbbb4565255fc1b11f74a5cd63aa72f0457471",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NYSE/SCOP",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:cc06924d320b7b120a394ec952cbbb4565255fc1b11f74a5cd63aa72f0457471",
 "path": "/us/NYSE/SCOP",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Sprott Physical Copper Trust, listed on NYSE under ticker SCOP, with ISIN US85210C1009. The LEI is not on the record, as no GLEIF record carries the exact legal name in jurisdiction US-A6. The security type is non-operating entity (other), the segment is not on the record, the sector is 6221 Commodity Contracts Brokers & Dealers, and the jurisdiction is Ontario, Canada. The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 17 filings in the window 2025-11-08 to 2026-11-08, across 8 filing days: 2 prospectus, 11 regulatory filing and 4 results. The median gap between filing days is 3 days. The latest filing is dated 2026-08-13 and is of type results, and it is 87 days before the record date of 2026-11-08. The NYSE peer median is 6.0 days for cadence gap, 64.0 filings and 4.0 days latency across 3256 issuers. The sector peer median for 6221 Commodity Contracts Brokers & Dealers is 17.0 days for cadence gap, 16 filings and 5 days latency across 137 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor is not on the record, as the latest annual report cover carries no dei:AuditorName tag, and foreign private issuers and older filings carry none. The auditor's location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds one lifecycle line: a listing dated 2026-04-29. It holds no delisting, no name change, and no segment move; the segment move is not on the record because exchange tier transfers are not EDGAR filings. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 5 research houses: Étienne Ricard, Mike Kozak, Matthew Lee, Bart Dziarski and Graham Ryding.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The record holds sealed filings for the issuer in the year 2026. The earliest sealed date for the market is 2021-01-04. The live record for the issuer began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0002108383.json"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/SCOP"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://sprott.com/investor-relations/"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NYSE/SCOP"
  }
 ],
 "title": "Sprott Physical Copper Trust (SCOP) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}