Great West Life Assurance Co. Can lessened its holdings in Pretium Resources, Inc. (NYSE:PVG) (TSE:PVG) by 0.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,483 shares of the basic materials company’s stock after selling 80 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Pretium Resources were worth $290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in PVG. Commerzbank Aktiengesellschaft FI grew its stake in Pretium Resources by 62.9% in the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 36,153 shares of the basic materials company’s stock valued at $387,000 after purchasing an additional 13,963 shares during the period. Bank of New York Mellon Corp bought a new position in Pretium Resources in the 1st quarter valued at $108,000. UBS Asset Management Americas Inc. grew its stake in Pretium Resources by 641.5% in the 1st quarter. UBS Asset Management Americas Inc. now owns 225,375 shares of the basic materials company’s stock valued at $2,410,000 after purchasing an additional 194,980 shares during the period. Gabelli Funds LLC grew its stake in Pretium Resources by 49.7% in the 1st quarter. Gabelli Funds LLC now owns 516,500 shares of the basic materials company’s stock valued at $7,365,000 after purchasing an additional 171,500 shares during the period. Finally, Timber Hill LLC bought a new position in Pretium Resources in the 1st quarter valued at $117,000. Hedge funds and other institutional investors own 43.25% of the company’s stock.

PVG has been the subject of several research reports. Citigroup Inc. reiterated a “buy” rating and set a $13.00 price target on shares of Pretium Resources in a research note on Tuesday, June 6th. Zacks Investment Research downgraded Pretium Resources from a “hold” rating to a “sell” rating in a research note on Saturday, July 8th. BidaskClub downgraded Pretium Resources from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. ValuEngine downgraded Pretium Resources from a “hold” rating to a “sell” rating in a research note on Tuesday, June 20th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Pretium Resources in a research note on Thursday, September 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. Pretium Resources currently has a consensus rating of “Hold” and a consensus price target of $14.93.

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Pretium Resources, Inc. (NYSE:PVG) opened at 8.87 on Wednesday. The stock’s 50 day moving average price is $8.70 and its 200 day moving average price is $9.52. Pretium Resources, Inc. has a 1-year low of $6.82 and a 1-year high of $12.53. The company’s market cap is $1.61 billion.

Pretium Resources Company Profile

Pretium Resources Inc is a Canada-based exploration and development company. The Company is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas. The Company’s projects include Brucejack Project and the Snowfield Project, both of which are located in northwestern British Columbia.

Institutional Ownership by Quarter for Pretium Resources (NYSE:PVG)

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