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Pretium Resources: 1Q Earnings Snapshot

VANCOUVER, British Columbia (AP) _ Pretium Resources Inc. (PVG) on Thursday reported first-quarter net income of $4.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 2 cents. Earnings, adjusted for non-recurring costs, came to 9 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The gold mining company posted revenue of $103.1 million in the period.

Pretium Resources shares have decreased 16% since the beginning of the year. The stock has risen nearly 2% 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