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.