Robert Allan Quartermain, a Senior Officer and Director, disposed of 110,000 Common Shares on a direct ownership basis at prices ranging from $17.020 to $17.528 between August 12th and 15th, 2019. The insider also disposed of 50,000 Common Shares on an indirect ownership basis for registered holder RRSP at prices ranging from $17.136 to $17.221 between August 14th and 15th, 2019. This represents a $2,749,220 divestment of the company's shares and an account share holdings change of -6.6%.
In addition, Tom Yip, CFO, disposed of 21,900 Common Shares on a direct ownership basis at a price of $17.050 on August 15th, 2019. This represents a $373,395 divestment of the company's shares and an account share holdings change of -28.5%.
Pretium Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
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 projects include Brucejack Project and the Snowfield Project, both of which are located in northwestern British Columbia. The Company's focus is on advancing the Brucejack Project to production as a high-grade gold underground mine. The Brucejack Project is the Company's material mineral project, which is located approximately 950 kilometers northwest of Vancouver, British Columbia, and over 65 kilometers north-northwest of Stewart, British Columbia. The Brucejack Project consists of approximately four mining leases and over six mineral claims totaling approximately 3,050 hectares in area. The Snowfield Project borders the Brucejack Project to the north and consists of over one mineral claim with an area of approximately 1,267.43 hectares.
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