Pretium Resources Inc (PVG) Given Average Rating of “Buy” by Analysts
Shares of Pretium Resources Inc (TSE:PVG) (NYSE:PVG) have been assigned a consensus rating of “Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$16.88.
Several research analysts recently issued reports on PVG shares. Numis Securities Ltd cut their price objective on Pretium Resources from C$20.00 to C$18.00 in a research report on Monday, September 25th. BMO Capital Markets restated an “outperform” rating and set a C$19.50 price objective on shares of Pretium Resources in a research report on Wednesday, July 5th. Finally, Scotiabank restated a “sector perform” rating and set a C$16.50 price objective on shares of Pretium Resources in a research report on Wednesday, July 5th.
In other Pretium Resources news, Director Robert Allan Quartermain purchased 22,800 shares of the business’s stock in a transaction on Thursday, September 7th. The stock was bought at an average cost of C$10.52 per share, for a total transaction of C$239,856.00.
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Shares of Pretium Resources (TSE PVG) opened at 12.13 on Wednesday. The stock’s market capitalization is $2.20 billion. Pretium Resources has a 52-week low of $9.17 and a 52-week high of $16.48. The stock has a 50 day moving average price of $10.87 and a 200-day moving average price of $12.18.
Pretium Resources Company Profile
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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