Pretium Resources Inc. (PVG) Reaches $11.15 After 5.00% Up Move; Eaton Vance Enhanced Equity Income Fund II (EOS)’s Sentiment Is 1

January 14, 2018 - By Adrian Mccoy

The stock of Pretium Resources Inc. (NYSE:PVG) is a huge mover today! The stock increased 7.11% or $0.74 during the last trading session, reaching $11.15. About 2.56 million shares traded or 70.86% up from the average. Pretium Resources Inc. (NYSE:PVG) has risen 14.20% since January 14, 2017 and is uptrending. It has underperformed by 2.50% the S&P500.The move comes after 5 months positive chart setup for the $2.00 billion company. It was reported on Jan, 14 by Barchart.com. We have $11.71 PT which if reached, will make NYSE:PVG worth $99.85M more.

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The company has market cap of $762.01 million. The fund invests in public equity markets of the United States. It has a 6.6 P/E ratio. It seeks to invest in the stocks of companies operating across diversified sectors.

Cypress Capital Management Llc (Wy) holds 0.16% of its portfolio in Eaton Vance Enhanced Equity Income Fund II for 9,150 shares. Advisors Asset Management Inc. owns 391,508 shares or 0.1% of their US portfolio. Moreover, Coldstream Capital Management Inc has 0.09% invested in the company for 49,436 shares. The California-based National Planning Corp has invested 0.07% in the stock. Seabridge Investment Advisors Llc, a New Jersey-based fund reported 17,300 shares.

The stock increased 0.95% or $0.15 during the last trading session, reaching $15.99. About 73,844 shares traded. Eaton Vance Enhanced Equity Income Fund II (EOS) has risen 12.90% since January 14, 2017 and is uptrending. It has underperformed by 3.80% the S&P500.

Among 5 analysts covering Pretium Resources (NYSE:PVG), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pretium Resources had 16 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was upgraded by Zacks on Thursday, August 20 to “Hold”. The firm earned “Speculative Buy” rating on Thursday, October 22 by Canaccord Genuity. Roth Capital maintained Pretium Resources Inc. (NYSE:PVG) rating on Monday, March 14. Roth Capital has “Buy” rating and $14 target. The firm earned “Sector Perform” rating on Monday, August 24 by RBC Capital Markets. The firm earned “Buy” rating on Monday, November 13 by Roth Capital. The rating was maintained by Canaccord Genuity with “Speculative Buy” on Monday, August 24. The stock of Pretium Resources Inc. (NYSE:PVG) earned “Buy” rating by H.C. Wainwright on Tuesday, December 26. RBC Capital Markets upgraded the shares of PVG in report on Wednesday, March 8 to “Outperform” rating. H.C. Wainwright maintained Pretium Resources Inc. (NYSE:PVG) on Monday, August 14 with “Buy” rating. The firm earned “Buy” rating on Wednesday, October 11 by Roth Capital.

Investors sentiment increased to 1.74 in Q3 2017. Its up 0.50, from 1.24 in 2017Q2. It is positive, as 13 investors sold Pretium Resources Inc. shares while 21 reduced holdings. 14 funds opened positions while 45 raised stakes. 87.11 million shares or 11.66% more from 78.01 million shares in 2017Q2 were reported. Hightower Advsr Lc reported 26,927 shares. Howe & Rusling Incorporated, a New York-based fund reported 200 shares. Ubs Asset Mngmt Americas Inc reported 279,735 shares. Fiera invested 0% in Pretium Resources Inc. (NYSE:PVG). Creative Planning holds 22,762 shares or 0% of its portfolio. Intact Investment owns 413,900 shares for 0.21% of their portfolio. Huntington Bank & Trust reported 714 shares or 0% of all its holdings. Centers Of America holds 16,750 shares. Canada Pension Plan Inv Board reported 241,900 shares stake. Alps invested 0.05% of its portfolio in Pretium Resources Inc. (NYSE:PVG). Mackenzie Finance stated it has 1.63 million shares. Prelude Capital Management Ltd Liability Com reported 300 shares stake. Bridger Ltd Llc, New York-based fund reported 1.65 million shares. Peak6 Investments L P stated it has 0% of its portfolio in Pretium Resources Inc. (NYSE:PVG). Commonwealth Bank & Trust Of Aus invested in 2.82M shares or 0.25% of the stock.

Pretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas. The company has market cap of $2.00 billion. It primarily explores for gold, silver, and copper deposits. It currently has negative earnings. The firm owns 100% interests in the Brucejack project comprising 4 mining leases and 6 mineral claims covering an area of 3,304 hectares located in northwestern British Columbia; and the Snowfield project consisting of 1 mineral claim covering an area of 1,217 hectares located in northwestern British Columbia.

Analysts await Pretium Resources Inc. (NYSE:PVG) to report earnings on March, 8. They expect $0.18 EPS, up 550.00% or $0.22 from last year’s $-0.04 per share. PVG’s profit will be $32.24 million for 15.49 P/E if the $0.18 EPS becomes a reality. After $0.05 actual EPS reported by Pretium Resources Inc. for the previous quarter, Wall Street now forecasts 260.00% EPS growth.

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