Pretium Resources Inc (TSE:PVG) Director Robert Allan Quartermain Sells 30,000 Shares

Pretium Resources Inc (TSE:PVG) (NYSE:PVG) Director Robert Allan Quartermain sold 30,000 shares of Pretium Resources stock in a transaction dated Monday, August 12th. The shares were sold at an average price of C$17.53, for a total transaction of C$525,849.00. Following the sale, the director now owns 2,272,653 shares of the company’s stock, valued at C$39,835,743.58.

Robert Allan Quartermain also recently made the following trade(s):

  • On Wednesday, August 14th, Robert Allan Quartermain sold 30,000 shares of Pretium Resources stock. The shares were sold at an average price of C$17.03, for a total transaction of C$510,990.00.
  • On Thursday, August 8th, Robert Allan Quartermain sold 25,000 shares of Pretium Resources stock. The shares were sold at an average price of C$16.36, for a total transaction of C$408,975.00.
  • On Tuesday, August 6th, Robert Allan Quartermain sold 75,000 shares of Pretium Resources stock. The shares were sold at an average price of C$15.61, for a total transaction of C$1,170,525.00.

Shares of PVG stock traded down C$0.72 during trading on Friday, reaching C$16.33. The company’s stock had a trading volume of 521,100 shares, compared to its average volume of 626,244. The company has a debt-to-equity ratio of 63.92, a current ratio of 0.63 and a quick ratio of 0.42. The company has a market capitalization of $3.01 billion and a price-to-earnings ratio of 108.87. The stock’s 50-day moving average price is C$14.81 and its 200 day moving average price is C$12.04. Pretium Resources Inc has a 1-year low of C$8.59 and a 1-year high of C$17.85.

A number of equities research analysts have weighed in on the stock. Royal Bank of Canada lifted their price target on shares of Pretium Resources from C$12.00 to C$14.00 in a research report on Wednesday, June 26th. Canaccord Genuity lifted their price objective on shares of Pretium Resources from C$17.50 to C$17.75 in a report on Friday, July 19th. Finally, CIBC lifted their price objective on shares of Pretium Resources from C$12.00 to C$15.50 in a report on Monday, July 15th.

Pretium Resources Company 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 3,304 hectares located in northwestern British Columbia.

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Insider Buying and Selling by Quarter for Pretium Resources (TSE:PVG)

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