Silver Bullion Trust Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
For the six months period, the company reported total income of $759 compared to $1,191 a year ago. Net loss from trust administration change in unrealized was $756,818 compared to $155,567 a year ago. Net loss and comprehensive loss inclusive of the change in unrealized appreciation/depreciation of holdings was $1,608,866 compared to net income and comprehensive income inclusive of the change in unrealized appreciation/depreciation of holdings of $4,149,003 a year ago. Net cash used in operating activities was $397,841 compared to $152,339 a year ago.