Pretium Resources Inc (PVG) Receives Consensus Rating of “Buy” from Analysts
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.
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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.
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