Could Pretium Resources Inc See a Reversal After This Very Weak Session?

 Could Pretium Resources Inc See a Reversal After This Very Weak Session?

The stock of Pretium Resources Inc (TSE:PVG) is a huge mover today! About 61,435 shares traded hands. Pretium Resources Inc (TSE:PVG) has risen 27.22% since April 25, 2016 and is uptrending. It has outperformed by 21.96% the S&P500.
The move comes after 6 months negative chart setup for the $2.09B company. It was reported on Nov, 29 by Barchart.com. We have $10.36 PT which if reached, will make TSE:PVG worth $188.10 million less.

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 12.57% above today’s ($11.38) stock price. Pretium Resources has been the topic of 13 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating given on Tuesday, June 28 by RBC Capital Markets. The firm has “Sector Perform” rating by Scotia Capital given on Friday, July 22.

More news for Pretium Resources Inc (TSE:PVG) were recently published by: Fool.com, which released: “Why Pretium Resources Inc Shares Plunged Today” on February 23, 2016. Forbes.com‘s article titled: “Pretium Resources Becomes Oversold (PVG)” and published on August 24, 2016 is yet another important article.

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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment