The stock of Pretium Resources Inc (TSE:PVG) is a huge mover today! About 63,095 shares traded hands. Pretium Resources Inc (TSE:PVG) has risen 88.22% since April 1, 2016 and is uptrending. It has outperformed by 86.26% the S&P500.
The move comes after 5 months positive chart setup for the $2.22 billion company. It was reported on Nov, 8 by Barchart.com. We have $20.27 PT which if reached, will make TSE:PVG worth $1.22 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 -2.06% below today’s ($13.08) stock price. Pretium Resources has been the topic of 13 analyst reports since August 24, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the shares of PVG in a report on Tuesday, June 28 with “Sector Perform” rating. Scotia Capital maintained it with “Sector Perform” rating and $16.75 target price in Friday, July 22 report.
More recent Pretium Resources Inc (TSE:PVG) news were published by: Fool.com which released: “Why Pretium Resources Inc Shares Plunged Today” on February 23, 2016. Also Prnewswire.com published the news titled: “Technical Roundup on Metals & Minerals Stocks — Pretium Resources, Cloud Peak …” on November 08, 2016. Forbes.com‘s news article titled: “Pretium Resources Becomes Oversold (PVG)” with publication date: August 24, 2016 was also an interesting one.
Pretium Resources Inc. is a Canada-based exploration and development company. The company has a market cap of $2.22 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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