Silver Bullion Trust reported unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total income of $593 against $812 a year ago. Net loss from trust administration was $80,412 against $115,812 a year ago.

Basic and diluted net income per unit was $0.26 against basic and diluted net loss per unit of $0.77 a year ago.