Pretium Resources, Inc. (PVG) Downgraded by BidaskClub

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.

ILLEGAL ACTIVITY WARNING: “Pretium Resources, Inc. (PVG) Downgraded by BidaskClub” was published by Community Financial News and is owned by of Community Financial News. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and international trademark & copyright law. The original version of this piece can be accessed at https://www.com-unik.info/2017/08/19/bidaskclub-downgrades-pretium-resources-inc-pvg-to-hold-updated-updated.html.

A number of large investors have recently made changes to their positions in PVG. World Asset Management Inc bought a new stake in shares of Pretium Resources during the second quarter worth $102,000. Investment Centers of America Inc. bought a new stake in shares of Pretium Resources during the second quarter worth $103,000. HM Payson & Co. bought a new stake in shares of Pretium Resources during the second quarter worth $106,000. Bank of New York Mellon Corp bought a new stake in shares of Pretium Resources during the first quarter worth $108,000. Finally, Timber Hill LLC bought a new stake in shares of Pretium Resources during the first quarter worth $117,000. Institutional investors and hedge funds own 47.52% of the company’s stock.

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.

Analyst Recommendations for Pretium Resources (NYSE:PVG)

What are top analysts saying about Pretium Resources Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Pretium Resources Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit