Brokerage Firm Rating Update on Pretium Resources (PVG)

Pretium Resources (PVG) has an average broker rating of 1.67, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Pretium Resources (PVG) : Average target price received by Pretium Resources (PVG) is $13.3 with an expected standard deviation of $5.12. The most aggressive target on the stock is $17, whereas the most downbeat target is $7. 3 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy.

Pretium Resources (NYSE:PVG): The stock opened at $11.6 and touched an intraday high of $11.77 on Wednesday. During the day, the stock corrected to an intraday low of $11.27, however, the bulls stepped in and pushed the price higher to close in the green at $11.74 with a gain of 0.34% for the day. The total traded volume for the day was 1,800,896. The stock had closed at $11.7 in the previous trading session.

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 Companys wholly owned projects include Brucejack Project and the Snowfield Project. The Companys only material mineral project for the purposes of NI 43-101 is the Brucejack Project. The Companys Brucejack Project is an advanced-stage exploration project located in north-western British Columbia and consists of 11 mineral claims totaling 3,199.28 hectares in area. The Companys Snowfield Project borders the Brucejack Project to the north and consists of one mineral claim with an area of approximately 1,267.43 hectares. The Company has two wholly owned subsidiaries, Pretium Exploration Inc. and 0890696 B.C. Ltd, which hold the Companys interests in the Brucejack Project and the assets related thereto.

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