Pretium Resources Inc. (NYSE:PVG) Relative Strength Index (RSI) is 55.96, with weekly volatility at 3.28% and ATR at 0.52. The PVG stock’s 52-week price range has touched low of $4.05 and a $14.55 high. Intraday shares traded counted 0.99 million, which was 53.89% higher than its 30-day average trading volume of 2.15M. Its shares traded lower over the last trading session, losing -1.63% on 10/13/20. The shares fell to a low of $12.89 before closing at $13.28. PVG’s previous close was $13.50 while the outstanding shares total 186.68M. The firm has a 12-month trailing P/E ratio of 38.05.
Investors have identified the Gold company Pretium Resources Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.48 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Pretium Resources Inc. (PVG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For PVG, the company has in raw cash 124.73 million on their books with 66.67 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 157455000 million total, with 125156000 million as their total liabilities.
PVG were able to record 124.19 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 101.56 million. In cash movements, the company had a total of 144.67 million as operating cash flow.
Potential earnings growth for Pretium Resources Inc. (PVG)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Pretium Resources Inc. recorded a total of 166.57 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 32.04% coming in sequential stages and their sales for the third quarter increasing by 24.02%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 106.56 million trying to sell their products during the last quarter, with the result yielding a gross income of 60.01 million. This allows shareholders to hold on to 186.68M with the revenue now reading 0.17 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.18 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.55 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PVG sounds very interesting.
Is the stock of PVG attractive?
In the last 6 months, insiders have changed their ownership in shares of company stock by 1.66%.
5 out of 9 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Pretium Resources Inc.. 0 analysts has assigned a Sell rating on the PVG stock. The 12-month mean consensus price target for the company’s shares has been set at $13.66.