FY2017 Earnings Estimate for Pretium Resources Inc (TSE:PVG) Issued By Cormark
Pretium Resources Inc (TSE:PVG) (NYSE:PVG) – Cormark issued their FY2017 earnings per share (EPS) estimates for Pretium Resources in a research report issued to clients and investors on Monday. Cormark analyst R. Gray expects that the company will post earnings per share of $0.11 for the year. Cormark also issued estimates for Pretium Resources’ FY2018 earnings at $1.66 EPS.
A number of other equities research analysts have also commented on PVG. Scotiabank set a C$16.50 target price on Pretium Resources and gave the company a “sector perform” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$18.00 target price on shares of Pretium Resources in a research note on Tuesday, May 23rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a C$19.50 target price on shares of Pretium Resources in a research note on Wednesday, July 5th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of C$17.21.
Pretium Resources (TSE PVG) opened at 10.28 on Tuesday. The company’s market cap is $1.86 billion. Pretium Resources has a 1-year low of $9.17 and a 1-year high of $16.48. The firm’s 50-day moving average is $12.02 and its 200 day moving average is $13.14.
About Pretium Resources
Pretium Resources Inc acquires, explores for, and develops precious metal resource properties in the Americas. It primarily explores for gold, silver, and copper deposits. The company owns 100% interests in the Brucejack project comprising 4 mining leases and 6 mineral claims covering an area of 3,304 hectares located in northwestern British Columbia; and the Snowfield project consisting of 1 mineral claim covering an area of 1,217 hectares located in northwestern British Columbia.
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