Fort Washington Investment Advisors Inc. OH lessened its holdings in shares of Pretium Resources Inc. (NYSE:PVG) (TSE:PVG) by 33.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 200,000 shares of the basic materials company’s stock after selling 100,000 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Pretium Resources were worth $2,568,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of PVG. Private Advisor Group LLC purchased a new stake in shares of Pretium Resources in the second quarter valued at approximately $25,000. Capstone Financial Group Inc. purchased a new stake in shares of Pretium Resources in the third quarter valued at approximately $25,000. Fifth Third Bancorp purchased a new stake in shares of Pretium Resources in the second quarter valued at approximately $42,000. Emerald Advisors LLC purchased a new stake in shares of Pretium Resources in the second quarter valued at approximately $101,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Pretium Resources in the third quarter valued at approximately $111,000. Hedge funds and other institutional investors own 57.21% of the company’s stock.

Several equities analysts recently issued reports on PVG shares. Canaccord Genuity cut Pretium Resources to a “hold” rating and set a $17.25 price objective for the company. in a report on Tuesday, October 27th. Zacks Investment Research raised Pretium Resources from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a report on Wednesday, August 12th. TheStreet raised Pretium Resources from a “c” rating to a “b-” rating in a report on Thursday, August 20th. BMO Capital Markets lifted their price objective on Pretium Resources from $15.00 to $18.50 and gave the stock an “outperform” rating in a report on Friday, August 7th. Finally, ValuEngine cut Pretium Resources from a “hold” rating to a “sell” rating in a report on Thursday, November 5th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $15.85.

NYSE PVG opened at $11.67 on Friday. Pretium Resources Inc. has a fifty-two week low of $4.05 and a fifty-two week high of $14.55. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 33.34 and a beta of 0.90. The business has a fifty day moving average of $12.63 and a 200-day moving average of $10.79. The company has a quick ratio of 1.10, a current ratio of 1.26 and a debt-to-equity ratio of 0.38.

Pretium Resources (NYSE:PVG) (TSE:PVG) last released its earnings results on Thursday, October 29th. The basic materials company reported $0.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.09. The firm had revenue of $154.88 million during the quarter, compared to analyst estimates of $205.32 million. Pretium Resources had a return on equity of 14.77% and a net margin of 11.55%. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 earnings per share. As a group, analysts anticipate that Pretium Resources Inc. will post 0.66 EPS for the current year.

Pretium Resources Profile

Pretium Resources Inc acquires, explores for, and develops precious metal resource properties in the Americas. The company primarily explores for gold, silver, and copper deposits. Its principal project is the Brucejack project that consists of 4 mining leases and 6 mineral claims covering an area of 3,305.85 hectares located in northwestern British Columbia.

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Institutional Ownership by Quarter for Pretium Resources (NYSE:PVG)

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