Pretium Resources (TSE:PVG) (NYSE:PVG) is scheduled to be releasing its earnings data after the market closes on Thursday, February 14th. Analysts expect Pretium Resources to post earnings of C$0.09 per share for the quarter.
Pretium Resources stock opened at C$10.21 on Tuesday. The company has a debt-to-equity ratio of 88.21, a quick ratio of 0.30 and a current ratio of 0.33. Pretium Resources has a 1 year low of C$7.93 and a 1 year high of C$12.87. The stock has a market cap of $1.87 billion and a price-to-earnings ratio of 60.06.
In other news, insider Tom Yip sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 14th. The shares were sold at an average price of C$10.05, for a total transaction of C$201,000.00. Also, insider Michelle Ann Romero sold 13,900 shares of the firm’s stock in a transaction that occurred on Friday, November 16th. The stock was sold at an average price of C$10.11, for a total transaction of C$140,529.00. Insiders have sold a total of 289,900 shares of company stock worth $2,983,255 over the last 90 days.
A number of research firms have issued reports on PVG. Canaccord Genuity cut their target price on shares of Pretium Resources from C$17.00 to C$16.00 in a research report on Thursday, October 18th. BMO Capital Markets reiterated an “outperform” rating and issued a C$17.50 price target on shares of Pretium Resources in a research report on Thursday, January 10th. Cormark cut their price target on shares of Pretium Resources from C$19.00 to C$17.50 in a research report on Friday, January 11th. Royal Bank of Canada cut their price target on shares of Pretium Resources from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 23rd. Finally, CIBC increased their price target on shares of Pretium Resources from C$11.00 to C$11.50 in a research report on Monday, January 21st.
ILLEGAL ACTIVITY NOTICE: “Pretium Resources (PVG) Scheduled to Post Earnings on Thursday” was reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2019/02/12/pretium-resources-pvg-scheduled-to-post-earnings-on-thursday.html.
About Pretium Resources
Pretium Resources Inc acquires, explores for, and develops precious metal resource properties in the Americas. It primarily explores for gold, silver, and copper deposits. The company's principal project is the Brucejack project comprising 4 mining leases and 6 mineral claims covering an area of 3,304 hectares located in northwestern British Columbia.
Read More: Is a Roth IRA right for you?
Receive News & Ratings for Pretium Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pretium Resources and related companies with MarketBeat.com's FREE daily email newsletter.