Pretium Resources (PVG) : During the past 4 weeks, traders have been relatively bearish on Pretium Resources (PVG), hence the stock is down -9.81% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.93% relative to the S&P 500. The 4-week change in the price of the stock is -11.64% and the stock has fallen -5.43% in the past 1 week.
The stock has recorded a 20-day Moving Average of 6.02% and the 50-Day Moving Average is 10.17%.The 200 Day SMA reached 32.68% Pretium Resources Inc. is up 5.54% in the last 3-month period. Year-to-Date the stock performance stands at 100.4%.
Pretium Resources (PVG) stock is expected to deviate a maximum of $5.12 from the average target price of $13.3 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $17 and the most muted being $7.
For the current week, the company shares have a recommendation consensus of Buy. Pretium Resources (NYSE:PVG): stock was range-bound between the intraday low of $10.03 and the intraday high of $10.59 after having opened at $10.45 on Fridays session. The stock finally closed in the red at $10.45, a loss of -4.63%. The stock remained in the red for the whole trading day. The total traded volume was 7,979,089 shares. The stock failed to cross $10.59 in Fridays trading. The stocks closing price on Thursday was $10.1.
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.