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Pretium Resources Inc.

Pretivm is creating value through gold by ramping up production of the 100%-owned Brucejack Mine.

The Brucejack Mine is a 2,700 tonnes-per-day high-grade gold underground mine located in northwestern British Columbia, approximately 65 kilometers north of Stewart. The mine began commercial operation in the summer of 2017 and produced 154,484 ounces of gold during the first six months of ramp-up.

A feasibility study completed in June 2014 and updated in December 2016 has outlined Proven and Probable mineral reserves in Brucejack’s Valley of the Kings comprising 8.1 million ounces of gold (15.6 million tonnes grading 16.1 grams per tonne gold).

Pretivm trades on the TSX and NYSE under the ticker symbol "PVG".

Expert Comments:

Andrew Mikitchook, BMO Capital Markets

"Pretium Resources Inc. announced drill results this morning from its Phase 3 North Block exploration program showing a number of high-grade intercepts highlighted by 15m of 493 g/t adjacent to the Valley of the Kings deposit at Brucejack. Drilling extended up to 450m beyond the current resource limits; in addition, an extension of the West zone returned 3,660 g/t over 1m."

Jefferson Research

"Pretium Resources Inc. is showing strong earnings quality and operating efficiency, and valuation suggests a lower amount of price risk. . .the operating efficiency rating improved during Q2/21. . .combined, the overall rating remained unchanged from Q1/21."

Pretium Resources "accomplished another profitable quarter," ending with $400.8M in-hand.
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headshot of Joe Reagor

Joe Reagor, ROTH Capital Partners

"We believe Pretium Resources Inc.'s transparency about the potentially weak Q2/21 production has driven a selloff in Pretium's shares leading into the quarter. As such, we see this as a value opportunity as there appears to be significantly more upside risk to both our and consensus' estimates."

Andrew Mikitchook, BMO Capital Markets

"Pretium Resources Inc.'s Q1/21 production of 85,795 oz was in line with our expectations, and all-in sustaining costs of $1,005/oz were better than our estimates. . .overall, Q1/21 represents the fifth quarter under the new management team led by Jacques Perron the company met expectations."

headshot of Joe Reagor

Joe Reagor, ROTH Capital Partners

"Pretium Resources Inc.'s Q1/21 production of 85,795 oz gold was slightly above our estimate of 84,991. . .operating costs and cash flow were better than anticipated."

Anita Soni, CIBC World Markets

"Pretium Resources Inc. reported positive exploration results from its underground expansion drill program, with high-grade gold mineralization intercepted at depth and to the east of the Valley of the Kings deposit out of one of the lowest mining levels at the Brucejack mine (the 1080 level). Drill results highlighted were 245.9 g/t over 7.5m and 1,400 g/t over 1m."

More Expert Comments

Experts Following This Company

Andrew Mikitchook, Analyst – BMO Capital Markets
headshot of Joe Reagor
Joe Reagor, Analyst – ROTH Capital Partners
Anita Soni, Analyst – CIBC World Markets

Company News 

11/11/2021 – Pretivm Records Solid Third Quarter 2021

11/8/2021 – Newcrest to Acquire Pretivm for C$18.50 in Cash and Shares

10/27/2021 – GoldSpot Targeting Results in a High-Grade Gold Discovery at Pretium Resources' Golden Marmot Zone

10/25/2021 – New High-Grade Gold Exploration Discovery at the Golden Marmot Zone Affirms the District-Scale Potential of Brucejack with 72.5 g/t Gold Over 53.5 Meters, including 6,700 g/t Gold Over 0.5 Meters

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
High-Grade Underground Gold Mine in British Columbia, Canada
Ramping Up Production to Steady State
Local and Regional Exploration Potential
Pretium Resources Inc. Content