The stock of Pretium Resources Inc (NYSE:PVG) is a huge mover today! The stock last traded at $9.62 per share. It is down 83.85% since April 5, 2016 and is uptrending. It has outperformed by 81.90% the S&P500.
The move comes after 5 months positive chart setup for the $1.73 billion company. It was reported on Nov, 8 by Barchart.com. We have $12.22 PT which if reached, will make NYSE:PVG worth $467.10 million more.
Pretium Resources Inc (NYSE:PVG) Ratings Coverage
Out of 3 analysts covering Pretium Resources (NYSE:PVG), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Pretium Resources has been the topic of 7 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock of Pretium Resources Inc (NYSE:PVG) earned “Sector Perform” rating by RBC Capital Markets on Monday, August 24. The company was upgraded on Thursday, October 22 by Canaccord Genuity. Canaccord Genuity maintained Pretium Resources Inc (NYSE:PVG) on Monday, August 24 with “Speculative Buy” rating. H.C. Wainwright maintained the shares of PVG in a report on Thursday, September 17 with “Buy” rating. The rating was upgraded by Zacks to “Hold” on Thursday, August 20. The stock of Pretium Resources Inc (NYSE:PVG) has “Buy” rating given on Thursday, September 17 by Roth Capital. The firm has “Buy” rating by Roth Capital given on Monday, March 14.
According to Zacks Investment Research, “Pretium Resources Inc. is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas. The Company owns the Snowfield and Brucejack Projects located in Northwest British Columbia, Canada. Its mineral interests consist of gold/copper/silver exploration projects. Pretium Resources Inc. is headquartered in Vancouver, Canada.”
Insitutional Activity: The institutional sentiment decreased to 1.77 in Q2 2016. Its down 0.86, from 2.63 in 2016Q1. The ratio dived, as 14 funds sold all Pretium Resources Inc shares owned while 16 reduced positions. 18 funds bought stakes while 35 increased positions. They now own 76.33 million shares or 14.96% more from 66.40 million shares in 2016Q1.
Legal & General Public Limited Co has 17,000 shares for 0% of their US portfolio. Creative Planning has 26,388 shares for 0% of their US portfolio. Cambridge Invest Rech Inc has 0% invested in the company for 17,470 shares. Commerzbank Aktiengesellschaft Fi accumulated 0% or 17,362 shares. Da Davidson has 1,760 shares for 0% of their US portfolio. Shell Asset Mngmt has 15,593 shares for 0.01% of their US portfolio. Moreover, Pnc Financial Grp has 0% invested in Pretium Resources Inc (NYSE:PVG) for 1,850 shares. Ig Invest Mngmt Limited accumulated 724,400 shares or 0.03% of the stock. Moreover, Intact Management has 0.04% invested in Pretium Resources Inc (NYSE:PVG) for 64,500 shares. The New York-based Glob X Management Ltd Liability Corporation has invested 0.17% in Pretium Resources Inc (NYSE:PVG). Loews has 0.07% invested in the company for 774,866 shares. Schroder Inv Grp owns 888,400 shares or 0.02% of their US portfolio. Susquehanna Int Grp Limited Liability Partnership owns 224,037 shares or 0% of their US portfolio. Moreover, Prudential Public Limited Liability has 0.17% invested in Pretium Resources Inc (NYSE:PVG) for 3.97 million shares. Next Fincl Inc holds 371 shares or 0% of its portfolio.
More recent Pretium Resources Inc (NYSE:PVG) news were published by: Fool.com which released: “Why Pretium Resources Inc Shares Plunged Today” on February 23, 2016. Also Forbes.com published the news titled: “Pretium Resources Becomes Oversold (PVG)” on August 24, 2016. Prnewswire.com‘s news article titled: “Technical Roundup on Metals & Minerals Stocks — Pretium Resources, Cloud Peak …” with publication date: November 08, 2016 was also an interesting one.
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