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home / news releases / PVG - Pretium: Another Landmine


PVG - Pretium: Another Landmine

Pretium Resources (PVG) has had a strong year thus far and was coming into its Q3 results with a nearly 50% year-to-date gain. The stock was finally set up like it wanted to break out through yearly resistance near the $12.80 level, but it's been de-railed yet again after analysts got a look at its earnings report. The company's revenue for Q3 missed by a country mile, with Q3 revenue of $132.7 million vs. projections of $159.9 million, and quarterly earnings were also significantly below estimates. For investors, this shouldn't be a terrible

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Stock Information

Company Name: Pretium Resources Inc. (Canada)
Stock Symbol: PVG
Market: NYSE
Website: pretivm.com

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