Pretium Resources Inc. (PVG) Sees Unusually-High Trading Volume
Pretium Resources Inc. (NYSE:PVG) shares saw an uptick in trading volume on Friday . 1,348,249 shares changed hands during mid-day trading, an increase of 2% from the previous session’s volume of 1,323,369 shares.The stock last traded at $10.60 and had previously closed at $10.23.
A number of brokerages have issued reports on PVG. Zacks Investment Research lowered Pretium Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 30th. Scotiabank reissued a “sector perform” rating and issued a $10.00 price target on shares of Pretium Resources in a research note on Saturday, May 14th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Pretium Resources in a research note on Wednesday, June 29th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $13.00.
The firm’s 50-day moving average is $11.16 and its 200-day moving average is $8.34. The stock’s market cap is $1.92 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.