May 3, 2019 / 1:31 PM / 7 months ago

BUZZ-Pretium Resources Inc: Up on Q1 profit beat

** Miners’s U.S.-listed shares up ~6% at $7.50 premarket

** Company reports better-than-expected Q1 results

** Reports Q1 adj EPS of $0.09 vs est of $0.06 - Refinitiv data

** Q1 gold sales up 18.6% at 81,434 ounces; Silver sales up 15% at 96,974 ounces

** Gold output up 4.6% at 79,180 ounces while silver output up 14% to 108,234 ounces

** All-in sustaining costs fall 14% to $868/ounce

** Generated almost $40 mln in cash from operations, which enabled PVG to pay down $20 mln of debt ahead of schedule - CEO Joseph Ovsenek

** Up to Thursday’s close, Toronto-listed shares down 17.7% YTD (Reporting by Shanti S Nair in Bengaluru)

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