Investec Asset Management LTD Buys New Position in Pretium Resources, Inc. (PVG)

Lester Mason
September 23, 2017

Public Sector Pension investment Board cut its holdings in shares of Pretium Resources, Inc.

The stock's 50 day moving average is 8.51 and its 200 day moving average is 9.45. (NYSE:PVG) opened at 8.31 on Wednesday.

Cannabis Science Inc (CBIS) investors sentiment NaN in 2016 Q4. Sold All: 0 Reduced: 0 Increased: 0 New Position: 1. One analyst rating the company a strong buy, one analyst rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $6.43. Therefore 86% are positive. Syntal Cap Prtn Ltd Liability Com holds 0.2% of its portfolio in Pretium Resources Inc (NYSE:PVG) for 25,590 shares. HC Wainwright reaffirmed a "buy" rating and issued a $16.50 price target on shares of Pretium Resources in a report on Thursday, August 17th. On Thursday, October 22 the stock rating was upgraded by Canaccord Genuity to "Speculative Buy". The rating was maintained by RBC Capital Markets on Monday, August 24 with "Sector Perform". Citigroup Inc. restated a "buy" rating and set a $13.00 target price on shares of Pretium Resources in a research report on Tuesday, June 6th. Roth Capital set a $16.00 price target on Pretium Resources and gave the company a "buy" rating in a research note on Friday, August 18th. The stock decreased 6.41% or $0.55 during the last trading session, reaching $8.1.

Taking a broader look at the analyst consensus, according to 4 analysts Pretium Res Inc (NYSE:PVG)'s price will reach at $14.62 during 52 weeks. The stock has "Hold" rating by Zacks on Thursday, August 20. As per Monday, March 14, the company rating was maintained by Roth Capital. H.C. Wainwright maintained the stock with "Buy" rating in Thursday, September 17 report.

Analysts await Pretium Resources Inc (NYSE:PVG) to report earnings on November, 2.


As of the last earnings report the EPS was $-0.17 and is estimated to be $0.14 for the current year with 181,303,000 shares outstanding. PVG's profit will be $15.88 million for 23.14 P/E if the $0.09 EPS becomes a reality. HighTower Advisors LLC acquired a new position in Pretium Resources in the 1st quarter worth about $294,000. Its down 0.63, from 1.56 in 2016Q3. As of quarter end Edmond De Rothschild Holding S.a. had bought 11,000 shares growing its holdings by 27.5%. (NYSE:JMP). Renaissance Techs Limited reported 0% of its portfolio in JMP Group Inc.

Traders are feeling more bearish on Pretium Resources, Inc. (NYSE:JMP). Price T Rowe Assoc Incorporated Md has invested 0% in JMP Group Inc. U S Investors has 1.04% invested in Pretium Resources Inc (NYSE:PVG).

12/10/2014 - Pretium Resources, Inc. had its "sector outperform" rating reiterated by analysts at CIBC. Quadrature Capital Ltd owns 24,659 shares valued at $236,000.

Peter Franklin Palmedo increased its stake in Pretium Res Inc (PVG) by 34.51% based on its latest 2016Q4 regulatory filing with the SEC. Shell Asset holds 0% or 15,593 shares. California Employees Retirement Sys holds 57,700 shares or 0% of its portfolio. HM Payson & Co. purchased a new position in Pretium Resources during the 2nd quarter valued at about $106,000. Dimensional Fund Advsrs Limited Partnership has invested 0% in Pretium Resources Inc (NYSE:PVG). The third largest holder is Bank Of Montreal /Can/, which now holds $53.77 million worth of this stock and that ownership represents almost 3.45% of its market capitalization.

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