Pretium Resources Inc (PVG) Rating Reiterated by Scotiabank
Scotiabank reaffirmed their sector perform rating on shares of Pretium Resources Inc (TSE:PVG) (NYSE:PVG) in a report released on Thursday morning. The brokerage currently has a C$16.50 price target on the stock.
A number of other equities research analysts have also weighed in on the stock. BMO Capital Markets reaffirmed an outperform rating and set a C$19.50 target price on shares of Pretium Resources in a research note on Wednesday, July 5th. Royal Bank Of Canada reaffirmed an outperform rating and set a C$18.00 target price on shares of Pretium Resources in a research note on Tuesday, May 23rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of C$17.21.
Pretium Resources (TSE PVG) opened at 10.77 on Thursday. The company’s market cap is $1.95 billion. The stock’s 50 day moving average is $11.80 and its 200-day moving average is $13.05. Pretium Resources has a 52-week low of $9.17 and a 52-week high of $16.48.
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Pretium Resources Company Profile
Pretium Resources Inc acquires, explores for, and develops precious metal resource properties in the Americas. It primarily explores for gold, silver, and copper deposits. The company owns 100% interests in the Brucejack project comprising 4 mining leases and 6 mineral claims covering an area of 3,304 hectares located in northwestern British Columbia; and the Snowfield project consisting of 1 mineral claim covering an area of 1,217 hectares located in northwestern British Columbia.
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