Pretium Resources Inc (PVG) Director Acquires C$239,856.00 in Stock
Pretium Resources Inc (TSE:PVG) (NYSE:PVG) Director Robert Allan Quartermain acquired 22,800 shares of Pretium Resources stock in a transaction dated Thursday, September 7th. The stock was purchased at an average price of C$10.52 per share, with a total value of C$239,856.00.
Shares of Pretium Resources Inc (PVG) traded up 2.19% on Friday, hitting $10.74. The stock had a trading volume of 707,928 shares. The firm’s market cap is $1.95 billion. The firm’s 50-day moving average price is $11.01 and its 200 day moving average price is $12.60. Pretium Resources Inc has a 52-week low of $9.17 and a 52-week high of $16.48.
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Several brokerages have recently issued reports on PVG. Scotiabank restated a “sector perform” rating and issued a C$16.50 price objective on shares of Pretium Resources in a research note on Wednesday, June 21st. BMO Capital Markets restated an “outperform” rating and issued a C$19.50 price objective on shares of Pretium Resources in a research note on Wednesday, July 5th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a C$18.00 price objective on shares of Pretium Resources in a research note on Tuesday, May 23rd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of C$17.21.
Pretium Resources Company Profile
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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