Pretium Resources (PVG) reported weaker-than-expected Q3 results, missing both earnings and revenue estimates. However, shares of the Canadian gold producer have gained 24.2% over the past six months. See Insiders’ Hot Stocks on TipRanks >> Quarterly Performance In Q3, adjusted earnings of $0.13 per share fell short of analysts’ expectations of $0.15 per share. The company reported earnings of $0.17 per share in the prior-year period. Further, revenues declined 5.2% year-over-year to $146.8 million, missing consensus estimates of $170.7 million. The decrease in revenues reflects a 7% reduction in average realized gold price to $1,799 per ounce.
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Pretium Resources (NYSE:PVG)
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