Sprott Physical Silver Trust Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2017
Sprott Physical Silver Trust announced unaudited earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported income of $130,611,593 compared to $77,153,388 a year ago. Net income and comprehensive income was $128,944,631 compared to $75,810,342 a year ago. Net cash used in operating activities was $1,380,690 compared to $1,199,199 a year ago. The Trust's net asset value per unit on March 31, 2017 was $6.93 compared to $6.06 per unit as at December 31, 2016.