Pretium Resources (PVG) Scheduled to Post Quarterly Earnings on Wednesday

Pretium Resources (NYSE:PVG) (TSE:PVG) is scheduled to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Pretium Resources to post earnings of $0.23 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Pretium Resources (NYSE:PVG) (TSE:PVG) last released its quarterly earnings results on Thursday, August 1st. The basic materials company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. The business had revenue of $113.20 million during the quarter, compared to analysts’ expectations of $143.99 million. Pretium Resources had a return on equity of 8.83% and a net margin of 6.48%. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. On average, analysts expect Pretium Resources to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE PVG opened at $12.13 on Wednesday. The stock has a fifty day simple moving average of $12.11 and a 200-day simple moving average of $10.43. Pretium Resources has a twelve month low of $6.65 and a twelve month high of $13.83. The company has a current ratio of 0.63, a quick ratio of 0.44 and a debt-to-equity ratio of 0.54. The stock has a market cap of $2.25 billion, a PE ratio of 22.46 and a beta of -0.63.

PVG has been the topic of several research reports. CIBC reissued a “hold” rating on shares of Pretium Resources in a research note on Wednesday, September 18th. Royal Bank of Canada reissued a “buy” rating on shares of Pretium Resources in a research note on Monday, August 26th. Scotiabank set a $15.00 target price on Pretium Resources and gave the stock a “hold” rating in a research note on Wednesday, September 18th. Zacks Investment Research raised Pretium Resources from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Thursday, September 12th. Finally, Canaccord Genuity reissued an “average” rating and set a $17.75 target price on shares of Pretium Resources in a research note on Friday, July 19th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Pretium Resources presently has an average rating of “Buy” and a consensus target price of $17.52.

About Pretium Resources

Pretium Resources Inc acquires, explores for, and develops precious metal resource properties in the Americas. The company primarily explores for gold, silver, and copper deposits. Its principal project is the Brucejack project that consists of 4 mining leases and 6 mineral claims covering an area of 3,304 hectares located in northwestern British Columbia.

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Earnings History for Pretium Resources (NYSE:PVG)

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