CSFB disclosed Pretium Resources (TSE:PVG), stepping up its stock price target to $13.50 today
- Updated: March 20, 2017
Just yesterday Pretium Resources (TSE:PVG) traded 2.24% higher at $14.36. Pretium Resources’s 50-day moving average is $14.06 and its 200-day moving average is $12.93. The last stock price is up 12.81% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 668,282 shares of PVG traded hands, up from an average trading volume of 567,131
In a report released on 03/20/2017 CSFB raised the target price of Pretium Resources (TSE:PVG) to $13.50 reporting a possible downside of -0.06%.
Previously on Wednesday March 08, 2017, RBC Capital Markets released a statement about Pretium Resources (TSE:PVG) increased the target price from $0.00 to $18.00. At the time, this indicated a possible upside of 0.44%.
Recent Performance Chart
Pretium Resources has 52 week low of $6.55 and a 52 week high of $16.48 and has a market capitalization of $0.
In addition to CSFB reporting its stock price target, a total of 8 brokerages have issued a ratings update on the company. The average stock price target is $13.09 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Pretium Resources (TSE:PVG)
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. The Company's focus is on advancing the Brucejack Project to production as a high-grade gold underground mine. The Brucejack Project is the Company's material mineral project, which is located approximately 950 kilometers northwest of Vancouver, British Columbia, and over 65 kilometers north-northwest of Stewart, British Columbia. The Brucejack Project consists of approximately four mining leases and over six mineral claims totaling approximately 3,050 hectares in area. The Snowfield Project borders the Brucejack Project to the north and consists of over one mineral claim with an area of approximately 1,267.43 hectares.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.