Pretium Resources, Inc. Ordinary Shares (Canada) (PVG) Company Bio
Pretium Resources Inc. acquires, explores, and develops precious metal resource properties in the Americas. Its mineral interests consist of gold/copper/silver exploration projects. The company was founded in 2010 and is based in Vancouver, Canada.
PVG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Pretium Resources Inc. To summarize, we found that Pretium Resources Inc ranked in the 59th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for PVG, they are:
The company has produced more trailing twelve month cash flow than 52.65% of its sector Basic Materials.
82% of the company's capital comes from equity, which is greater than 66.81% of stocks in our cash flow based forecasting set.
Pretium Resources Inc's effective tax rate, as measured by taxes paid relative to net income, is at 26 -- greater than 88.58% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Pretium Resources Inc? See MEOH, CSL, MLM, SBSW, and MTRN.
Gold has shown high volatility this year as traders try to react to the coronavirus crisis. The metal started the year sedately, but began to rise in February as the crisis spread out of China. As central banks inject money into the global economy via an unprecedented qualitative easing, and cut interest rates in an effort to restart economic activity, the mid- to long-term result will likely be steady increases inflation -- a favorable environment for gold. As Stifel analyst Tyron Breytenbach notes in his recent report on precious metals, “Gold has traditionally outperformed during periods of high inflation as a store of value and those producing it are likely to see the positive effect on their business.”The analyst goes on to point out that demand for physical metal is also increasin...
RBC Capital analyst Mark Mihaljevic maintained a Hold rating on Pretium Resources (NYSE:PVG) on Friday, setting a price target of C$13, which is approximately 44.61% above the present share price of $8.99.