Pretium Resources (Pretium Resources) Retained Earnings : $-265.2 Mil (As of Sep. 2021)

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What is Pretium Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pretium Resources's retained earnings for the quarter that ended in Sep. 2021 was $-265.2 Mil.

Pretium Resources's quarterly retained earnings increased from Mar. 2021 ($-318.0 Mil) to Jun. 2021 ($-287.3 Mil) and increased from Jun. 2021 ($-287.3 Mil) to Sep. 2021 ($-265.2 Mil).

Pretium Resources's annual retained earnings increased from Dec. 2018 ($-110.3 Mil) to Dec. 2019 ($-69.3 Mil) but then declined from Dec. 2019 ($-69.3 Mil) to Dec. 2020 ($-107.8 Mil).

Pretium Resources Retained Earnings Historical Data

The historical data trend for Pretium Resources's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pretium Resources Retained Earnings Chart

Pretium Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Retained Earnings

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-136.19

-152.64

-110.26

-69.34

-107.78

Pretium Resources Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Retained Earnings	Get a 7-Day Free Trial															0.33	-107.78	-318.00	-287.27	-265.23

Pretium Resources Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Pretium Resources (NYSE:PVG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Pretium Resources (Pretium Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pretium Resources Inc (NYSE:PVG) » Definitions » Retained Earnings

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Address

1055 Dunsmuir Street, Suite 2300, P.O. Box 49334, Four Bentall Centre, Vancouver, BC, CAN, V7X 1L4

Website

https://www.pretivm.com

Pretium Resources Inc is an exploration and development company engaged in the acquisition, exploration, and development of precious metal resource properties in the Americas. The Brucejack Project is the company's primary mineral project, which involves near-mine exploration and off-mining leases infrastructure in Brucejack mine, located in northwestern British Columbia, Canada. The company is currently at the engineering and construction phase, progressing toward production as a high-grade underground gold mine. Gold metal is the company's core revenue driver.