Sprott Physical Silver Trust Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
For the nine months, the company reported unrealized losses on silver bullion of $122,864,804 compared to $426,216,618 a year ago. Net loss and comprehensive loss was $128,016,641 compared to $431,468,425 a year ago. Decrease in total equity per unit was $1.01 compared to $3.39 a year ago. Net cash used in operating activities was $4,509,656 compared to $4,754,909 a year ago. Net assets per unit, at the end of September 30, 2014 was $6.59.