Scotiabank set a C$17.75 target price on Pretium Resources (TSE:PVG) (NYSE:PVG) in a report released on Tuesday morning. The firm currently has a sector perform rating on the stock.

Other research analysts have also recently issued research reports about the stock. Royal Bank of Canada reduced their price target on shares of Pretium Resources from C$18.00 to C$14.00 and set an outperform rating for the company in a report on Thursday, January 25th. CIBC cut shares of Pretium Resources from an outperform rating to a neutral rating and reduced their price target for the company from C$18.00 to C$14.50 in a report on Thursday, January 25th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of C$16.88.

Pretium Resources (TSE:PVG) opened at C$8.84 on Tuesday. The stock has a market cap of $1,560.00, a P/E ratio of -55.25 and a beta of -0.38. Pretium Resources has a 1-year low of C$7.93 and a 1-year high of C$15.52.

In related news, Director Robert Allan Quartermain purchased 5,000 shares of Pretium Resources stock in a transaction dated Wednesday, February 14th. The stock was bought at an average price of C$8.96 per share, for a total transaction of C$44,800.00. Also, Director Nicole Adshead-Bell purchased 5,700 shares of Pretium Resources stock in a transaction dated Wednesday, January 24th. The stock was bought at an average price of C$10.38 per share, with a total value of C$59,166.00.

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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.

Analyst Recommendations for Pretium Resources (TSE:PVG)

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