Pretium Resources Inc (TSE:PVG) (NYSE:PVG) has received an average recommendation of “Hold” from the six research firms that are presently covering the firm. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$16.75.

PVG has been the subject of a number of recent analyst reports. Numis Securities Ltd reaffirmed a “buy” rating and set a C$20.00 price target on shares of Pretium Resources in a report on Thursday. CIBC downgraded Pretium Resources from an “outperform” rating to a “neutral” rating and lifted their price target for the stock from C$15.00 to C$15.75 in a report on Wednesday. Finally, Scotiabank reaffirmed a “sector perform” rating and set a C$16.50 price target on shares of Pretium Resources in a report on Thursday.

This news story was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another site, it was copied illegally and reposted in violation of U.S. & international trademark & copyright legislation. The original version of this news story can be viewed at

Pretium Resources (TSE:PVG) traded down 1.25% during mid-day trading on Friday, reaching $14.99. The company had a trading volume of 169,441 shares. Pretium Resources has a 12 month low of $6.00 and a 12 month high of $16.48. The firm’s 50 day moving average price is $13.89 and its 200-day moving average price is $13.12. The company’s market capitalization is $2.69 billion.

About Pretium Resources

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.

Receive News & Stock Ratings for Pretium Resources Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pretium Resources Inc and related stocks with our FREE daily email newsletter.