Pretium Resources Inc. (NYSE:PVG) has a beta value of 0 and has seen 1,565,932 shares traded in the last trading session. The company, currently valued at $2.67 Billion, closed the last trade at $14.26 per share which meant it gained $0.17 on the day or 1.21% during that session. The PVG stock price is -1.33% off its 52-week high price of $14.45 and 71.6% above the 52-week low of $4.05. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.45 Million shares traded. The 3-month trading volume is 2.36 Million shares.
The consensus among analysts is that Pretium Resources Inc. (PVG) is an Overweight stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 4 out of 9 have rated it as a Hold, with 5 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.06.
Pretium Resources Inc. (NYSE:PVG) trade information
Sporting 1.21% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Sep 15 when the PVG stock price touched $14.45- or saw a rise of 1.31%. Year-to-date, Pretium Resources Inc. shares have moved 28.12%, while the 5-day performance has seen it change 13.72%. Over the past 30 days, the shares of Pretium Resources Inc. (NYSE:PVG) have changed 20.95%. Short interest in the company has seen 8.33 Million shares shorted with days to cover at 3.53.
Wall Street analysts have a consensus price target for the stock at $13.28, which means that the shares’ value could jump -6.87% from current levels. The projected low price target is $9.1 while the price target rests at a high of $17.5. In that case, then, we find that the current price level is +22.72% off the targeted high while a plunge would see the stock lose -36.19% from current levels.
Pretium Resources Inc. (PVG) estimates and forecasts
Earnings growth for 2020 is a modest +116.7%.
Pretium Resources Inc. (NYSE:PVG)’s Major holders
Insiders own 1.66% of the company shares, while shares held by institutions stand at 74.21% with a share float percentage of 75.46%. Investors are also buoyed by the number of investors in a company, with Pretium Resources Inc. having a total of 234 institutions that hold shares in the company. The top two institutional holders are Van Eck Associates Corporation with over 18.11 Million shares worth more than $152.15 Million. As of June 29, 2020, Van Eck Associates Corporation held 9.77% of shares outstanding.
The other major institutional holder is Letko, Brosseau & Associates Inc., with the holding of over 12.49 Million shares as of June 29, 2020. The firm’s total holdings are worth over $104.92 Million and represent 6.74% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck Vectors ETF Tr-Gold Miners ETF and VanEck Vectors ETF Tr-Junior Gold Miners ETF. As of June 29, 2020, the former fund manager holds about 5.5% shares in the company for having 10194954 shares of worth $85.64 Million while later fund manager owns 6.26 Million shares of worth $52.62 Million as of June 29, 2020, which makes it owner of about 3.38% of company’s outstanding stock.