Shares of Pretium Resources Inc. (NYSE:PVG) (TSE:PVG) have received an average rating of “Hold” from the twelve brokerages that are presently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $16.68.
A number of research analysts have recently commented on the stock. HC Wainwright reduced their price target on shares of Pretium Resources from $17.50 to $17.00 and set a “buy” rating for the company in a research report on Tuesday, January 19th. Canaccord Genuity lowered shares of Pretium Resources to a “hold” rating and set a $17.25 target price for the company. in a research report on Tuesday, October 27th. Roth Capital cut their target price on shares of Pretium Resources from $18.50 to $17.50 and set a “buy” rating for the company in a research report on Tuesday, January 19th. National Bank Financial began coverage on shares of Pretium Resources in a research report on Thursday, January 7th. They issued a “sector perform” rating for the company. Finally, Zacks Investment Research upgraded shares of Pretium Resources from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research report on Tuesday, December 8th.
PVG opened at $10.70 on Thursday. The company has a fifty day moving average price of $10.86 and a 200-day moving average price of $11.89. The firm has a market capitalization of $2.01 billion, a P/E ratio of 21.84 and a beta of 0.77. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.43. Pretium Resources has a one year low of $4.05 and a one year high of $14.55.
Pretium Resources Company Profile
Pretium Resources Inc acquires, explores for, and develops precious metal resource properties in the Americas. The company primarily explores for gold, silver, and copper deposits. Its principal project is the Brucejack project that consists of 4 mining leases and 6 mineral claims covering an area of 3,305.85 hectares located in northwestern British Columbia.
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