AP NEWS

Pretium Resources: 4Q Earnings Snapshot

February 12, 2020 GMT

VANCOUVER, British Columbia (AP) _ Pretium Resources Inc. (PVG) on Wednesday reported fourth-quarter earnings of $20 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, were 18 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The gold mining company posted revenue of $135.5 million in the period.

For the year, the company reported profit of $40.9 million, or 22 cents per share. Revenue was reported as $484.5 million.

Pretium Resources shares have fallen 14% since the beginning of the year. The stock has climbed 25% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PVG at https://www.zacks.com/ap/PVG