The Pretium Resources Inc (TSE:PVG) Given "Sector Perform" Rating at Scotiabank

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15 July, 2017

The stock declined 1.16% or $0.93 reaching $79.04 per share. The Weiss Multi-Strategy Advisers Llc holds 600,000 shares with $11.39M value, down from 685,000 last quarter.

Institutional investors now hold around $847 million or 41.4% in PVG stock. About 442,792 shares traded. It has outperformed by 17.82% the S&P500. (NYSE:PVG), with 2 analysts believing it is a strong buy.

Wall Street analysts are predicting that Pretium Res Inc (NYSE:PVG) will report earnings per share of $-0.03 in their quarterly report. About 748,106 shares traded. (NYSE PVG) opened at 9.38 on Friday. It has underperformed by 2.50% the S&P500.

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.63, from 1.56 in 2016Q3.

03/20/2017 - Credit Suisse began new coverage on Pretium Resources, Inc. giving the company a "outperform" rating. 10 funds opened positions while 31 raised stakes. Citigroup Incorporated stated it has 0% of its portfolio in Pretium Resources Inc (NYSE:PVG). Investec Asset Mgmt Ltd has invested 0% in Pattern Energy Group Inc (NASDAQ:PEGI). Brookstone Capital Management bought a new stake in Pretium Resources during the first quarter worth about $162,000. The Ohio-based Huntington State Bank has invested 0% in Pretium Resources Inc (NYSE:PVG). Blackrock Fund Advisors holds 13,093 shares. Ameriprise Fincl has invested 0.02% of its portfolio in Pattern Energy Group Inc (NASDAQ:PEGI). Bnp Paribas Arbitrage Sa owns 2,251 shares for 0% of their portfolio. Toronto Dominion Fincl Bank has 65,762 shares.

At the end of Mar reporting period, 60 institutional holders increased their position in Pretium Resources Inc. The company's market cap is $1.75 billion. The Company is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas. It now has negative earnings. The Company's projects include Brucejack Project and the Snowfield Project, both of which are located in northwestern British Columbia. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company's stock. Therefore 86% are positive. The stock's market capitalization is 1.75B, it has a 52-week low of 6.82 and a 52-week high of 12.53. The firm earned "Buy" rating on Thursday, September 17 by Roth Capital.

09/17/2015 - Pretium Resources, Inc. had its "buy" rating reiterated by analysts at H.C. Wainwright. The stock has "Buy" rating by Roth Capital on Monday, March 14. The consensus price target of $90.09 also implies significant upside from the current price of $71.83. RBC Capital Markets upgraded the shares of PVG in report on Wednesday, March 8 to "Outperform" rating. The stock of Pretium Resources Inc (NYSE:PVG) has "Speculative Buy" rating given on Thursday, October 22 by Canaccord Genuity. Zacks Investment Research cut shares of Pretium Resources from a hold rating to a sell rating in a research report on Saturday, July 8th. The rating was maintained by Canaccord Genuity with "Speculative Buy" on Monday, August 24. As per Friday, September 11, the company rating was initiated by JP Morgan. The rating was maintained by RBC Capital Markets with "Outperform" on Monday, January 30. As per Wednesday, January 20, the company rating was maintained by RBC Capital Markets. (NASDAQ:ALNY) on Tuesday, May 16.

Since January 13, 2017, it had 0 insider buys, and 17 selling transactions for $6.68 million activity. SHARP PHILIP A had sold 15,000 shares worth $567,456.

Schwab Charles Investment Management Inc decreased Francescas Hldgs Corp (NASDAQ:FRAN) stake by 23,696 shares to 265,866 valued at $4.79 million in 2016Q4. Western Digital Corp (NASDAQ:WDC) was reduced too.

Investors sentiment increased to 0.95 in 2016 Q4. Its down 0.55, from 1.77 in 2016Q3. It turned negative, as 13 investors sold PVG shares while 31 reduced holdings. Commerzbank Aktiengesellschaft Fi has 22,190 shares for 0% of their portfolio. Mackenzie Corporation reported 2.32M shares. Cornerstone Capital Mngmt Limited Company holds 0.02% or 109,185 shares. It also upped Mondelez International Inc (NASDAQ:MDLZ) stake by 62,746 shares and now owns 132,746 shares. The Loews Corp holds 1.01M shares with $8.38M value, up from 736,029 last quarter. Hl Finance Ltd Llc reported 2.45M shares stake. Conning owns 15,116 shares. $21.38M worth of Alnylam Pharmaceuticals, Inc.


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