Pretium Resources Cut to “Neutral” at Zacks (PVG)
Pretium Resources (NYSE:PVG) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on Wednesday. They currently have a $8.30 price target on the stock. Zacks‘s price target points to a potential upside of 17.73% from the stock’s previous close.
Shares of Pretium Resources (NYSE:PVG) traded up 0.43% during mid-day trading on Wednesday, hitting $7.08. The stock had a trading volume of 76,844 shares. Pretium Resources has a 1-year low of $2.70 and a 1-year high of $10.14. The stock’s 50-day moving average is $7.52 and its 200-day moving average is $6.8. The company’s market cap is $768.0 million.
Pretium Resources (NYSE:PVG) last released its earnings data on Tuesday, August 12th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.04) by $0.01. Analysts expect that Pretium Resources will post $-0.11 EPS for the current fiscal year.
Pretium Resources Inc is an exploration and development company. The Company is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas.
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