Pretium Resources Inc (PVG) PT Set at C$20.00 by Numis Securities Ltd
Pretium Resources Inc (TSE:PVG) (NYSE:PVG) has been given a C$20.00 target price by analysts at Numis Securities Ltd in a research note issued to investors on Thursday. The firm presently has a “buy” rating on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 35.32% from the company’s current price.
A number of other analysts have also commented on the stock. Scotiabank reaffirmed a “sector perform” rating and set a C$17.00 price objective on shares of Pretium Resources in a research note on Friday, December 16th. CIBC lowered shares of Pretium Resources from an “outperform” rating to a “neutral” rating and upped their price objective for the company from C$15.00 to C$15.75 in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Pretium Resources has a consensus rating of “Hold” and an average target price of C$15.96.
Pretium Resources (TSE:PVG) traded up 2.17% during midday trading on Thursday, reaching $15.10. 402,915 shares of the company’s stock traded hands. Pretium Resources has a 52 week low of $6.00 and a 52 week high of $16.48. The company’s 50-day moving average price is $13.53 and its 200 day moving average price is $13.11. The stock’s market capitalization is $2.71 billion.
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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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