Pretium Resources (NYSE:PVG) (TSE:PVG)‘s stock had its “buy” rating reiterated by stock analysts at HC Wainwright in a research report issued on Monday. They currently have a $15.00 price objective on the basic materials company’s stock. HC Wainwright’s price target points to a potential upside of 111.27% from the stock’s previous close.
A number of other research analysts have also recently weighed in on PVG. Roth Capital set a $17.00 price objective on Pretium Resources and gave the company a “buy” rating in a research report on Monday, November 13th. Zacks Investment Research cut Pretium Resources from a “buy” rating to a “hold” rating in a research report on Friday, November 17th. ValuEngine cut Pretium Resources from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Credit Suisse Group cut Pretium Resources from an “outperform” rating to a “neutral” rating and set a $10.00 price objective on the stock. in a research report on Tuesday, January 23rd. Finally, CIBC cut Pretium Resources from a “sector outperform” rating to a “neutral” rating in a research report on Thursday, January 25th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. Pretium Resources has an average rating of “Hold” and a consensus target price of $13.60.
Pretium Resources (NYSE:PVG) opened at $7.10 on Monday. Pretium Resources has a 12-month low of $6.17 and a 12-month high of $12.44. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.74 and a current ratio of 1.08. The firm has a market capitalization of $1,266.65, a PE ratio of 77.33 and a beta of 0.10.
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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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