Cara Community GSM: Pretium Resources 12-04-2020

Pretium Resources (NYSE: PVG) (TSX: PVG) updated 12-04-2020

Market Cap:       $2.10 Billion                        Share Price:        $11.23  

Shares outstanding: 186,853,654

Cash: $175 M (USD) as of 30 Sept 2020

Debt: $368.06 M (USD) as of 30 Sept 2020

Current operations: Yes.

Insider holdings: 1.64%                  Institutional:  259 holders at approx. 78% of the float

Website: pretivm.com

https://s23.q4cdn.com/277467366/files/doc_presentations/2020/12/Pretium-Resources-Scotia-Dec-1-2020.pdf

CEO: Jacques Perron                       HQs: Vancouver, BC, Canada

The big news is that as of 4 Dec 2020 (today), Pretium is selling the Snowfields property to Seabridge Gold for $100 million plus a 1.5% royalty.

Q3 Highlights:

  • Non-GAAP Earnings $0.27 per share, GAAP earnings $0.17 per share on revenue of $154.87 million.
  • Produced 86,136 oz. gold in Q3, 259,443 oz. in 2020 (thru 30 Sept).
  • AISC (stated) $1016 per oz.
  • Free cash flow $66.8 million
  • Cash improved to $175 M from $125 M on 30 June.

Bottom line:

  • Stronger financially
  • Clearly a winner

https://tvc-invdn-com.akamaized.net/data/tvc_47ea752dc044ea0ebd7d70903c45415a.png


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