Pretium Resources: 2Q Earnings Snapshot
VANCOUVER, British Columbia (AP) _ Pretium Resources Inc. (PVG) on Thursday reported second-quarter profit of $10.4 million.
The Vancouver, British Columbia-based company said it had profit of 6 cents per share. Earnings, adjusted for non-recurring costs, were 9 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The gold mining company posted revenue of $113.2 million in the period.
Pretium Resources shares have risen 35% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.42, a climb of 42% in the last 12 months.