10:05 AM EDT, 08/10/2018 (MT Newswires) -- Pretium Resources Inc. (PVG.TO, PVG|) was at last look up 17% on the TSX after it reported adjusted earnings of US$47 million or $0.26 per share compared to a forecast $0.24. It achieved first half 2018 guidance with a total of 187,029 ounces of gold produced at an AISC of $783 per ounce of gold sold, saying Brucejack delivered on guidance. And it had cash and cash equivalents of $142.5 million as at June 30, 2018.

"Our cash balance increased by more than $72 million through the quarter to $142.5 million as a result of our improved production at lower costs," said Joseph Ovsenek, President & CEO. "In the first half of the year, we've reached steady state production, fully implemented our grade control program and met our production guidance. We intend to build on this positive momentum for the remainder of the year, firmly establishing Pretivm as a premier high-grade gold producer."

Price: 11.95, Change: +1.79, Percent Change: +17.6