Pretium Resources (TSE:PVG) (NYSE:PVG) had its price target upped by CIBC from C$11.00 to C$11.50 in a report issued on Monday.

Several other research analysts have also weighed in on the stock. BMO Capital Markets reiterated an outperform rating and set a C$17.50 price objective on shares of Pretium Resources in a report on Thursday, January 10th. Canaccord Genuity cut their price objective on shares of Pretium Resources from C$17.00 to C$16.00 in a report on Thursday, October 18th. Finally, Cormark cut their price objective on shares of Pretium Resources from C$19.00 to C$17.50 in a report on Friday, January 11th.

Pretium Resources stock opened at C$9.03 on Monday. Pretium Resources has a 12-month low of C$7.93 and a 12-month high of C$12.87. The company has a current ratio of 0.33, a quick ratio of 0.30 and a debt-to-equity ratio of 88.21.

Pretium Resources (TSE:PVG) (NYSE:PVG) last announced its quarterly earnings data on Thursday, November 8th. The company reported C$0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.11 by C$0.07. The company had revenue of C$143.84 million for the quarter, compared to analysts’ expectations of C$142.18 million. Equities analysts expect that Pretium Resources will post 0.709999966376654 earnings per share for the current fiscal year.

In related news, Director Robert Allan Quartermain sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 13th. The shares were sold at an average price of C$9.80, for a total value of C$490,000.00. Also, insider Michelle Ann Romero sold 13,900 shares of the firm’s stock in a transaction that occurred on Friday, November 16th. The shares were sold at an average price of C$10.11, for a total transaction of C$140,529.00. Over the last quarter, insiders have sold 339,900 shares of company stock worth $3,473,255.

About Pretium Resources

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's principal project is the Brucejack project comprising 4 mining leases and 6 mineral claims covering an area of 3,304 hectares located in northwestern British Columbia.

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