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Pretium Resources: 1Q Earnings Snapshot

Associated Press
Updated ·1-min read

VANCOUVER, British Columbia (AP) _ Pretium Resources Inc. (PVG) on Thursday reported first-quarter profit of $6.2 million.

The Vancouver, British Columbia-based company said it had net income of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 14 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The gold mining company posted revenue of $126.6 million in the period.

Pretium Resources shares have dropped 31% since the beginning of the year. The stock has increased nearly 2% in the last 12 months.

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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