Pretium Resources Inc. (NYSE:PVG) has earned an average rating of “Hold” from the six analysts that are covering the firm. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $13.50.

A number of research analysts have issued reports on the company. Zacks Investment Research cut Pretium Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 30th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Pretium Resources in a research note on Wednesday, June 29th. Finally, Scotiabank reiterated a “sector perform” rating and set a $12.00 price objective on shares of Pretium Resources in a research note on Friday, July 1st.

Several hedge funds and other institutional investors have recently bought and sold shares of PVG. Tower Research Capital LLC TRC boosted its position in Pretium Resources by 3,797.6% in the second quarter. Tower Research Capital LLC TRC now owns 9,900 shares of the company’s stock valued at $143,000 after buying an additional 9,646 shares in the last quarter. IFP Advisors Inc boosted its position in Pretium Resources by 1,343.5% in the second quarter. IFP Advisors Inc now owns 13,136 shares of the company’s stock valued at $147,000 after buying an additional 12,226 shares in the last quarter. Shell Asset Management Co. boosted its position in Pretium Resources by 25.8% in the second quarter. Shell Asset Management Co. now owns 15,593 shares of the company’s stock valued at $225,000 after buying an additional 3,200 shares in the last quarter. Legal & General Group Plc boosted its position in Pretium Resources by 91.0% in the second quarter. Legal & General Group Plc now owns 17,000 shares of the company’s stock valued at $189,000 after buying an additional 8,100 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI boosted its position in Pretium Resources by 30.0% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 17,362 shares of the company’s stock valued at $194,000 after buying an additional 4,007 shares in the last quarter. Hedge funds and other institutional investors own 43.00% of the company’s stock.

Pretium Resources (NYSE:PVG) opened at 10.27 on Wednesday. Pretium Resources has a 52 week low of $4.00 and a 52 week high of $12.41. The company’s market cap is $1.84 billion. The firm has a 50-day moving average price of $10.79 and a 200 day moving average price of $9.17.

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.

5 Day Chart for NYSE:PVG

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