Simplex Trading buys $329,079 stake in Pretium Resources Inc (PVG)

Pretium Resources Inc (PVG) : Simplex Trading scooped up 3,473 additional shares in Pretium Resources Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 38,265 shares of Pretium Resources Inc which is valued at $329,079.Pretium Resources Inc makes up approximately 0.04% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa added PVG to its portfolio by purchasing 11,650 company shares during the most recent quarter which is valued at $100,540.

Pretium Resources Inc opened for trading at $8.74 and hit $8.93 on the upside on Friday, eventually ending the session at $8.6, with a gain of 1.90% or 0.16 points. The heightened volatility saw the trading volume jump to 23,64,643 shares. Company has a market cap of $1,537 M.

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 wholly owned projects include Brucejack Project and the Snowfield Project. The Company’s only material mineral project for the purposes of NI 43-101 is the Brucejack Project. The Company’s Brucejack Project is an advanced-stage exploration project located in north-western British Columbia and consists of 11 mineral claims totaling 3199.28 hectares in area. The Company’s Snowfield Project borders the Brucejack Project to the north and consists of one mineral claim with an area of approximately 1267.43 hectares. The Company has two wholly owned subsidiaries Pretium Exploration Inc. and 0890696 B.C. Ltd which hold the Company’s interests in the Brucejack Project and the assets related thereto.

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