Sprott Physical Platinum and Palladium Trust Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2016
Sprott Physical Platinum and Palladium Trust reported unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported income of $3,251,351 compared to loss of $12,807,058 a year ago. Net income and comprehensive income was $2,981,236 compared to net loss and comprehensive loss of $13,260,971 a year ago. Net cash used in operating activities was $142,722 compared to $424,967 a year ago.