Pretium Resources (NYSE:PVG) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.67 by 3 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, Roth Capital maintains its rating on Pretium Resources (NYSE:PVG).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Roth Capital raises the new price target from $13 per share to $14 per share. The rating by the firm was issued on March 14, 2016.
Pretium Resources (NYSE:PVG): According to 3 Analysts, The short term target price has been estimated at $ 11.83.The target price could deviate by a maximum of $3.84 from the forecast price. In the near term, the target price could hit a high of $14 and a low of $ 7.
Pretium Resources (NYSE:PVG) witnessed a decline in the market cap on Tuesday as its shares dropped 2.16% or 0.21 points. After the session commenced at $9.47, the stock reached the higher end at $9.67 while it hit a low of $9.45. With the volume soaring to 1,128,343 shares, the last trade was called at $9.53. The company has a 52-week high of $9.89. The company has a market cap of $1,689 million and there are 177,264,160 shares in outstanding. The 52-week low of the share price is $3.995.
Shares of Pretium Resources Inc. rose by 10.56% in the last five trading days and 18.39% for the last 4 weeks. Pretium Resources Inc. is up 73.27% in the last 3-month period. Year-to-Date the stock performance stands at 89.09%.
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.