Pretium Resources (TSE:PVG) (NYSE:PVG) had its target price trimmed by Scotiabank from C$17.75 to C$15.50 in a research report sent to investors on Friday. The brokerage currently has a sector perform rating on the stock.
PVG has been the topic of several other reports. Royal Bank of Canada cut their target price on Pretium Resources from C$19.00 to C$18.00 and set an outperform rating on the stock in a research report on Friday, January 19th. CIBC downgraded Pretium Resources from an outperform rating to a neutral rating and cut their target price for the company from C$18.00 to C$14.50 in a research report on Thursday, January 25th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of Buy and an average price target of C$16.50.
Pretium Resources (TSE:PVG) opened at C$9.12 on Friday. Pretium Resources has a 12-month low of C$7.93 and a 12-month high of C$15.52. The stock has a market capitalization of $1,620.00, a price-to-earnings ratio of -57.00 and a beta of -0.29.
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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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