The stock of Pretium Resources Inc (TSE:PVG) is a huge mover today! About 136,021 shares traded hands. Pretium Resources Inc (TSE:PVG) has risen 65.40% since March 10, 2016 and is uptrending. It has outperformed by 59.79% the S&P500.
The move comes after 6 months positive chart setup for the $2.09B company. It was reported on Oct, 17 by Barchart.com. We have $18.24 PT which if reached, will make TSE:PVG worth $1.11 billion more.
Pretium Resources Inc (TSE:PVG) Ratings Coverage
Out of 7 analysts covering Pretium Resources (TSE:PVG), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. $16.75 is the highest target while $8.50 is the lowest. The $12.81 average target is 7.47% above today’s ($11.92) stock price. Pretium Resources has been the topic of 13 analyst reports since August 24, 2015 according to StockzIntelligence Inc. Scotia Capital maintained Pretium Resources Inc (TSE:PVG) rating on Friday, July 22. Scotia Capital has “Sector Perform” rating and $16.75 price target. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, June 28.
More recent Pretium Resources Inc (TSE:PVG) news were published by: Forbes.com which released: “Pretium Resources Becomes Oversold (PVG)” on August 24, 2016. Also Finance.Yahoo.com published the news titled: “Pretium Resources Inc.: Valley of the Kings Positive Mineral Resource Estimate …” on July 21, 2016. Fool.com‘s news article titled: “Why Pretium Resources Inc Shares Plunged Today” with publication date: February 23, 2016 was also an interesting one.
Pretium Resources Inc. is a Canada-based exploration and development company. The company has a market cap of $2.09 billion. The Firm is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas. It currently has negative earnings. The Company’s projects include Brucejack Project and the Snowfield Project, both of which are located in northwestern British Columbia.
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