Sprott Physical Silver Trust announced unaudited earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported income of $31,979,331 against loss of $130,611,593 a year ago. Net income and comprehensive income was $33,580,459 compared to $128,944,631 a year ago. Net cash used in operating activities was $1,267,589 compared to $1,380,690 a year ago. The Trust's net asset value per unit on March 31, 2018 was $6.17 compared to $6.40 per unit as at December 31, 2017.