Sprott Physical Silver Trust announced unaudited financial results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported loss of USD 14,636,061 against USD 91,095,911 for the same period a year ago. Net loss and comprehensive loss was USD 16,499,545 against USD 92,764,141 for the same period a year ago. Decrease in total equity from operations per unit was USD 0.11 against USD 0.63 for the same period a year ago. For the six months, the company reported loss of USD 46,615,392 against income of USD 39,515,682 for the same period a year ago. Net loss and comprehensive loss was USD 50,080,004 against income of USD 36,180,490 for the same period a year ago. Decrease in total equity from operations per unit was USD 0.33 against increase in total equity from operations per unit of USD 0.25 for the same period a year ago. Net cash used in operating activities was USD 3,059,998 against USD 3,201,410 for the same period a year ago. Net asset value per unit as on June 30, 2018 was USD 6.07.