Pretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas.
Fair value with questionable track record.
Share Price & News
How has Pretium Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6P7's share price has been volatile over the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: 6P7 exceeded the German Metals and Mining industry which returned -26.3% over the past year.
Return vs Market: 6P7 underperformed the German Market which returned 3.9% over the past year.
Price Volatility Vs. Market
How volatile is Pretium Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Pretium Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6P7 (€7.5) is trading below our estimate of fair value (€17.23)
Significantly Below Fair Value: 6P7 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6P7 is poor value based on its PE Ratio (49.5x) compared to the XE Metals and Mining industry average (10.3x).
PE vs Market: 6P7 is poor value based on its PE Ratio (49.5x) compared to the German market (21x).
Price to Earnings Growth Ratio
PEG Ratio: 6P7 is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: 6P7 is good value based on its PB Ratio (2.2x) compared to the DE Metals and Mining industry average (3.2x).
How is Pretium Resources forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6P7's forecast earnings growth (15% per year) is above the savings rate (0.2%).
Earnings vs Market: 6P7's earnings (15% per year) are forecast to grow slower than the German market (22.4% per year).
High Growth Earnings: 6P7's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6P7's revenue (3.4% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: 6P7's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6P7's Return on Equity is forecast to be low in 3 years time (14.8%).
How has Pretium Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6P7 has high quality earnings.
Growing Profit Margin: 6P7's current net profit margins (8.5%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: 6P7 has become profitable over the past 5 years, growing earnings by 51.2% per year.
Accelerating Growth: 6P7's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6P7 had negative earnings growth (-11.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (0.5%).
Return on Equity
High ROE: 6P7's Return on Equity (4.5%) is considered low.
How is Pretium Resources's financial position?
Financial Position Analysis
Short Term Liabilities: 6P7's short term assets ($78.3M) do not cover its short term liabilities ($121.6M).
Long Term Liabilities: 6P7's short term assets ($78.3M) do not cover its long term liabilities ($491.9M).
Debt to Equity History and Analysis
Debt Level: 6P7's debt to equity ratio (46.7%) is considered high.
Reducing Debt: Insufficient data to determine if 6P7's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6P7's debt is well covered by operating cash flow (52.9%).
Interest Coverage: 6P7's interest payments on its debt are well covered by EBIT (4.4x coverage).
What is Pretium Resources's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 6P7's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 6P7's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 6P7's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6P7's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6P7's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jacques Perron (59yo)
Mr. Jacques Perron, Ing, P.Eng, serves as President and Chief Executive Officer at Pretium Resources Incorporated since April 24, 2020 and serves as its Director since May 01, 2020. He has been a Non-Indep ...
|Executive VP & CFO||5.5yrs||US$890.89k||0.029% $411.5k|
|Vice President of Operations||2.17yrs||US$1.00m||0.015% $204.7k|
|VP & Chief Exploration Officer||9.5yrs||US$704.37k||0.24% $3.4m|
|President||0.25yr||no data||0.0027% $37.4k|
|Senior Vice President of Business Development & Investor Relations||0.92yr||no data||0.0083% $115.9k|
|VP of Legal & Corporate Secretary||2yrs||no data||no data|
|Manager of Investor Relations & Corporate Communications||no data||no data||no data|
|Executive Vice President of Corporate Affairs & Sustainability||2.5yrs||US$1.24m||0.027% $374.1k|
|Chief Mining Engineer||no data||no data||no data|
|Chief Mine Exploration Geologist||no data||no data||no data|
Experienced Management: 6P7's management team is considered experienced (2.2 years average tenure).
|President||0.25yr||no data||0.0027% $37.4k|
|Independent Director||3.17yrs||US$110.00k||0.015% $213.7k|
|Independent Chairman of the Board||0.50yr||US$253.12k||0.0064% $89.8k|
|Independent Director||7.17yrs||US$180.00k||0.023% $316.2k|
|Independent Director||0.67yr||US$253.12k||0.00027% $3.8k|
|Independent Director||1.67yrs||US$102.52k||0.0023% $32.1k|
|Independent Director||6.17yrs||US$105.00k||0.056% $786.8k|
|Independent Director||2.17yrs||US$85.00k||no data|
Experienced Board: 6P7's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 6P7 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pretium Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Pretium Resources Inc.
- Ticker: 6P7
- Exchange: DB
- Founded: 2010
- Industry: Gold
- Sector: Materials
- Market Cap: CA$2.148b
- Listing Market Cap: CA$1.396b
- Shares outstanding: 186.64m
- Website: https://www.pretivm.com
Number of Employees
- Pretium Resources Inc.
- Four Bentall Centre
- Suite 2300
- British Columbia
- V7X 1L4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PVG||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 2010|
|6P7||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2010|
|PVG||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Dec 2010|
|0VDK||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Dec 2010|
Pretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas. The company primarily explores for gold, silver, and copper deposits. Its principal project is the Brucejack project that consists of 4 mining leases and 6 mineral claims covering an area of 3,305.85 hectares located in northwestern British Columbia. It also owns 100% interest in the Snowfield project consisting of 1 mineral claim covering an area of 1,217 hectares located in northern British Columbia. The company was founded in 2010 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/11 21:37|
|End of Day Share Price||2020/07/10 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.