Pretium Resources (TSE:PVG) (NYSE:PVG) has been assigned a C$17.75 price objective by investment analysts at Scotiabank in a research note issued to investors on Tuesday. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s price objective suggests a potential upside of 121.32% from the stock’s previous close.
PVG has been the topic of a number of other reports. CIBC lowered Pretium Resources from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from C$18.00 to C$14.50 in a report on Thursday, January 25th. Royal Bank of Canada dropped their price target on Pretium Resources from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a report on Friday, January 19th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Pretium Resources has a consensus rating of “Buy” and an average price target of C$16.88.
Shares of Pretium Resources (TSE:PVG) traded down C$0.14 during trading hours on Tuesday, hitting C$8.02. The company had a trading volume of 227,413 shares, compared to its average volume of 835,117. The stock has a market capitalization of $1,470.00, a PE ratio of -50.25 and a beta of -0.38. Pretium Resources has a one year low of C$7.93 and a one year high of C$15.52.
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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.
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