BidaskClub downgraded shares of Pretium Resources, Inc. (NYSE:PVG) (TSE:PVG) from a buy rating to a hold rating in a report issued on Sunday, July 30th.
PVG has been the subject of a number of other reports. ValuEngine lowered shares of Pretium Resources from a hold rating to a sell rating in a report on Tuesday, June 20th. Zacks Investment Research lowered shares of Pretium Resources from a hold rating to a sell rating in a report on Saturday, July 8th. Finally, Citigroup Inc. restated a buy rating and issued a $13.00 price objective on shares of Pretium Resources in a report on Tuesday, June 6th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $14.93.
Shares of Pretium Resources (NYSE:PVG) remained flat at $8.57 during mid-day trading on Friday. 1,971,863 shares of the company traded hands. Pretium Resources has a 12-month low of $6.82 and a 12-month high of $12.53. The company has a 50 day moving average price of $9.28 and a 200-day moving average price of $9.88. The firm’s market cap is $1.55 billion.
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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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