PVG: Q4, 2019 estimates Earnings Whisper ®
4th Quarter December 2019
Consensus: $0.11
Revenue: $134.75 Mil
These figures are estimates for the past Q 4. They may even come out a bit weaker. Much more interesting will be: has Pretium managed the planed two major challenges in the past Q 4:
- the underground works for expansion of mining capacity by roughly 40 %
- the change to longitudinal longhole stopes mining To realize these two major targets Pretium had to dig through known lower grades in Q3 and Q4 of last year.
If both targets were done successfully, we will get the good harvest starting from this year and many more years in the future.
Bad news for Q 4 are priced in thanks to our dear shorters.
Good news are definitly not priced in at present PVG stock price.
Longs have time working for them.
Shorters have Margin Accounts ... (for which they have to deliver 12.3 million PVG shares).
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source for earning estimate figures:
https://www.earningswhispers.com/stocks/pvg