Pretium Resources Inc (TSE:PVG) (NYSE:PVG) has been given an average recommendation of “Buy” by the six analysts that are presently covering the company, MarketBeat reports. Six research analysts have rated the stock with a buy recommendation. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$18.00.

PVG has been the topic of several research reports. CIBC increased their price target on shares of Pretium Resources from C$15.75 to C$18.00 and gave the stock an “outperform” rating in a research report on Friday, October 13th. Scotiabank raised shares of Pretium Resources from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from C$16.50 to C$17.00 in a research report on Thursday, October 12th. Finally, Numis Securities reissued a “buy” rating and set a C$22.00 price target on shares of Pretium Resources in a research report on Thursday, October 12th.

Pretium Resources (TSE PVG) opened at C$14.41 on Monday. The firm has a market cap of $2,600.00, a PE ratio of -90.06 and a beta of -0.10. Pretium Resources has a 12 month low of C$9.73 and a 12 month high of C$16.48.

In related news, Director George Nickolas Paspalas sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of C$15.33, for a total value of C$766,500.00. Also, Director Christopher Noel Dunn sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of C$14.71, for a total transaction of C$588,400.00. Insiders have sold 119,700 shares of company stock worth $1,797,430 in the last three months.

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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.

Analyst Recommendations for Pretium Resources (TSE:PVG)

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