Pretium Resources Inc (PVG) Earns “Sector Perform” Rating from Scotiabank
Pretium Resources Inc (TSE:PVG) (NYSE:PVG)‘s stock had its “sector perform” rating reissued by investment analysts at Scotiabank in a research report issued on Saturday. They currently have a C$16.50 price target on the stock. Scotiabank’s price objective suggests a potential upside of 44.74% from the stock’s current price.
Separately, BMO Capital Markets reaffirmed an “outperform” rating and set a C$19.50 price objective on shares of Pretium Resources in a research report on Wednesday, July 5th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Pretium Resources has an average rating of “Buy” and a consensus price target of C$17.21.
Pretium Resources (PVG) opened at 11.40 on Friday. The company’s market cap is $2.07 billion. The company has a 50-day moving average of $10.61 and a 200-day moving average of $12.39. Pretium Resources has a 52 week low of $9.17 and a 52 week high of $16.48.
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In other Pretium Resources news, Director Robert Allan Quartermain purchased 22,800 shares of the stock in a transaction on Thursday, September 7th. The stock was acquired at an average price of C$10.52 per share, with a total value of C$239,856.00.
About Pretium Resources
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.
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