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PVG - Pretium Resources: Digging Into The FY-2019 Results
Pretium Resources Inc. (Canada)
Last year was an exciting one for the majority of gold producers (GDX), and certainly a year to separate the wheat from the chaff in the sector. For the gold producers that were firing on all cylinders, it was an extremely profitable year, as they finally had a margin tailwind in the form of a rising gold (GLD) price to supplement their operational excellence. However, for those gold producers that can't seem to hit their targets, 2019 was nothing special, as any gold price benefit was squandered by missed targets, resulting