FY2018 Earnings Forecast for Pretium Resources Inc Issued By Cormark (PVG)
Pretium Resources Inc (TSE:PVG) (NYSE:PVG) – Analysts at Cormark lifted their FY2018 earnings per share (EPS) estimates for Pretium Resources in a research report issued to clients and investors on Monday, November 12th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.91 per share for the year, up from their previous forecast of $0.83.
Separately, Canaccord Genuity decreased their target price on Pretium Resources from C$17.00 to C$16.00 in a research report on Thursday, October 18th.
In related news, insider Warwick Board sold 3,000 shares of the business’s stock in a transaction dated Monday, August 27th. The stock was sold at an average price of C$11.85, for a total value of C$35,550.00. Also, Director Kenneth C. Mcnaughton sold 30,000 shares of the business’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of C$9.90, for a total value of C$297,000.00. Insiders sold 153,000 shares of company stock valued at $1,530,150 in the last ninety days.
About Pretium Resources
Pretium Resources Inc acquires, explores for, and develops precious metal resource properties in the Americas. It primarily explores for gold, silver, and copper deposits. The company's principal project is the Brucejack project comprising 4 mining leases and 6 mineral claims covering an area of 3,304 hectares located in northwestern British Columbia.
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