Pretium Resources (PVG) Trading Up -2.5%
Pretium Resources Inc (TSE:PVG) (NYSE:PVG) was up 2.5% during trading on Friday . The company traded as high as C$13.46 and last traded at C$13.06. Approximately 449,379 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 419,318 shares. The stock had previously closed at C$13.40.
A number of equities research analysts recently commented on PVG shares. Scotiabank upgraded Pretium Resources from a “sector perform” rating to an “outperform” rating and upped their target price for the company from C$16.50 to C$17.00 in a research report on Thursday, October 12th. Numis Securities dropped their target price on Pretium Resources from C$20.00 to C$18.00 in a research report on Monday, September 25th. Finally, CIBC upped their target price on Pretium Resources from C$15.75 to C$18.00 and gave the company an “outperform” rating in a research report on Friday, October 13th. Six investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus price target of C$18.00.
The firm has a market cap of $2,400.00, a PE ratio of -92.73 and a beta of -0.11.
In other Pretium Resources news, Director Christopher Noel Dunn sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of C$14.71, for a total value of C$588,400.00.
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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