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BRIEF-Pretivm Reports Q4 2019 Adjusted Earnings Per Share $0.18

Published 2020-02-12, 05:14 a/m
© Reuters.  BRIEF-Pretivm Reports Q4 2019 Adjusted Earnings Per Share $0.18
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Feb 12 (Reuters) - Pretium Resources Inc PVG.TO :

* PRETIVM REPORTS 2019 RESULTS, PRODUCTION OUTLOOK AND LEADERSHIP TRANSITION PLAN

* SEES 2020 GOLD PRODUCTION GUIDANCE OF 325,000 TO 365,000 OUNCES

* FY 2020 ESTIMATED FREE CASH FLOW(1): $100 MILLION - $170 MILLION AT A GOLD PRICE OF $1,450

* AISC FOR 2020 IS EXPECTED TO RANGE FROM $910 TO $1,060 PER OUNCE OF GOLD SOLD

* PRETIUM'S BOARD OF DIRECTORS HAS INITIATED AN EXTERNAL SEARCH FOR A NEW PRESIDENT AND CEO

* CASH COSTS EXPECTED TO RANGE FROM $725 TO $830 PER OUNCE OF GOLD SOLD IN 2020

* JOSEPH OVSENEK HAS AGREED TO CONTINUE TO SERVE AS PRESIDENT & CEO WHILE SEARCH IS UNDERWAY

* CO IS TARGETING DEBT REDUCTION IN RANGE OF $80 MILLION TO $150 MILLION FOR 2020

* QTRLY REVENUE $135.5 MILLION VERSUS $108.6 MILLION

* Q4 NET EARNINGS PER SHARE $0.11

* Q4 EARNINGS PER SHARE VIEW $0.13 -- REFINITIV IBES DATA

* QTRLY ADJUSTED EARNINGS PER SHARE $0.18

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