Pretium Res INC (PVG) Holder Sun Valley Gold LLC Cut Its Holding

May 16, 2018 - By Maria Brooks

Investors sentiment decreased to 1.13 in 2017 Q4. Its down 0.61, from 1.74 in 2017Q3. It dropped, as 16 investors sold PVG shares while 31 reduced holdings. 22 funds opened positions while 31 raised stakes. 83.18 million shares or 4.51% less from 87.11 million shares in 2017Q3 were reported. Canada Pension Plan Inv Board owns 241,900 shares. Cambridge Inv Research Advisors Inc invested in 0% or 14,303 shares. Northwestern Mutual Wealth Mgmt holds 0% in Pretium Resources Inc. (NYSE:PVG) or 125 shares. Sigma Planning reported 10,858 shares. Prudential Plc reported 6.98M shares. Anchor Bolt Cap Limited Partnership holds 1.44% or 3.49 million shares. Liberty Mutual Gru Asset stated it has 1.06% in Pretium Resources Inc. (NYSE:PVG). Amundi Pioneer Asset Management Incorporated stated it has 0.01% of its portfolio in Pretium Resources Inc. (NYSE:PVG). Millennium Mngmt Limited Liability Company, a New York-based fund reported 397,040 shares. Sprott Inc holds 3.43% of its portfolio in Pretium Resources Inc. (NYSE:PVG) for 1.03M shares. Legal & General Grp Pcl invested in 36,690 shares or 0% of the stock. Morgan Stanley holds 1.72 million shares or 0.01% of its portfolio. Agf Investments owns 150,000 shares or 0.02% of their US portfolio. Wells Fargo & Co Mn invested in 110,379 shares. Cibc Asset Mgmt accumulated 110,291 shares.

Peter Franklin Palmedo decreased its stake in Pretium Res Inc (PVG) by 14.57% based on its latest 2017Q4 regulatory filing with the SEC. Sun Valley Gold Llc sold 692,062 shares as the company’s stock declined 40.42% with the market. The hedge fund run by Peter Franklin Palmedo held 4.06 million shares of the basic industries company at the end of 2017Q4, valued at $46.25M, down from 4.75 million at the end of the previous reported quarter. Sun Valley Gold Llc who had been investing in Pretium Res Inc for a number of months, seems to be less bullish one the $1.27B market cap company. The stock decreased 0.14% or $0.01 during the last trading session, reaching $6.99. About 1.85M shares traded. Pretium Resources Inc. (NYSE:PVG) has declined 39.73% since May 16, 2017 and is downtrending. It has underperformed by 51.28% the S&P500.

Analysts await Pretium Resources Inc. (NYSE:PVG) to report earnings on August, 9. They expect $0.12 earnings per share, up 1,300.00 % or $0.13 from last year’s $-0.01 per share. PVG’s profit will be $21.73 million for 14.56 P/E if the $0.12 EPS becomes a reality. After $0.03 actual earnings per share reported by Pretium Resources Inc. for the previous quarter, Wall Street now forecasts 300.00 % EPS growth.

More notable recent Pretium Resources Inc. (NYSE:PVG) news were published by: Globenewswire.com which released: “Pretium Resources Inc.: Annual General Meeting Voting Results” on May 11, 2018, also Seekingalpha.com with their article: “Pretium Resources On The Way To Meet H1 Production And Cost Guidance” published on May 11, 2018, Globenewswire.com published: “Pretivm Reports First Quarter 2018 Results” on May 10, 2018. More interesting news about Pretium Resources Inc. (NYSE:PVG) were released by: Seekingalpha.com and their article: “Pretium Resources: Struggling To Get On Top” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Pretium Resources’ (PVG) CEO Joseph Ovsenek on Q4 2017 Results – Earnings Call Transcript” with publication date: May 13, 2018.

Pretium Resources Inc. (NYSE:PVG) Ratings Coverage

Among 2 analysts covering Pretium Resources (NYSE:PVG), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Pretium Resources had 6 analyst reports since December 26, 2017 according to SRatingsIntel. The rating was maintained by H.C. Wainwright with “Buy” on Monday, March 12. The company was maintained on Tuesday, December 26 by H.C. Wainwright. H.C. Wainwright maintained Pretium Resources Inc. (NYSE:PVG) on Wednesday, January 24 with “Buy” rating. The firm earned “Buy” rating on Wednesday, April 11 by H.C. Wainwright. The rating was downgraded by Credit Suisse to “Neutral” on Wednesday, January 24. H.C. Wainwright maintained Pretium Resources Inc. (NYSE:PVG) on Friday, May 11 with “Buy” rating.

Pretium Resources Inc. (NYSE:PVG) Ratings Chart

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