Shares of Pretium Resources Inc. (NYSE:PVG) rose 5% during trading on Thursday . The stock traded as high as $10.27 and last traded at $10.17, with a volume of 1,044,934 shares trading hands. The stock had previously closed at $9.69.

PVG has been the subject of several research analyst reports. Zacks Investment Research downgraded Pretium Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, May 11th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Pretium Resources in a research report on Wednesday, June 29th. Finally, Scotiabank reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Pretium Resources in a research report on Saturday, May 14th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Pretium Resources has a consensus rating of “Buy” and a consensus price target of $13.00.

The firm has a 50 day moving average price of $11.51 and a 200-day moving average price of $8.15. The stock’s market capitalization is $1.81 billion.

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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