RE:Consensus Forward P/E = 13.09February 28, 2020
Pretium Resources (NYSE:PVG) (TSE:PVG) last released its quarterly earnings results on Wednesday, February 12th. The basic materials company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.08. The business had revenue of $135.50 million for the quarter, compared to analysts’ expectations of $173.18 million. Pretium Resources had a return on equity of 10.83% and a net margin of 8.44%. During the same quarter in the prior year, the firm posted $0.11 EPS.
A number of other research firms have also recently weighed in on PVG. HC Wainwright lowered their price target on Pretium Resources from $20.50 to $15.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. Zacks Investment Research cut Pretium Resources from a “buy” rating to a “hold” rating in a report on Tuesday, February 18th. Royal Bank of Canada cut Pretium Resources from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from $20.00 to $16.00 in a report on Friday, November 1st. Alliance Global Partners cut Pretium Resources from a “buy” rating to a “neutral” rating in a report on Wednesday, February 12th. Finally, Roth Capital cut Pretium Resources from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $15.00 to $8.00 in a report on Wednesday, February 12th.
Nine investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Pretium Resources currently has an average rating of “Hold” and an average target price of $14.35.
sailor8 wrote: PVG (Pretium):
Consensus Forward P/E
13.09
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source: https://www.morningstar.com
Take for example the 2 biggest Gold miners "Newmont "and "Barrick" to compare this figure. It is like buying a one ounce gold coin for just half the price, if you buy Pretium instead of Newmont or Barrick...
NEM (Newmont): Consensus Forward P/E 22.94 GOLD (Barrick):
Consensus Forward P/E
28.33