The Pretium Resources Inc (PVG) Given Outperform Rating at Royal Bank of Canada

The Pretium Resources Inc (PVG) Given Outperform Rating at Royal Bank of Canada

Several other brokerages also recently weighed in on PVG. Numis Securities Ltd reiterated a buy rating and set a C$20.00 target price on shares of Pretium Resources in a research note on Thursday, February 16th. Scotiabank restated a sector perform rating and issued a C$16.50 price objective on shares of Pretium Resources in a research report on Thursday, February 16th. CIBC cut shares of Pretium Resources from an outperform rating to a neutral rating and increased their target price for the company from C$15.00 to C$15.75 in a report on Wednesday, February 15th. Finally, CSFB reaffirmed an outperform rating and issued a C$13.50 target price on shares of Pretium Resources in a report on Monday, March 20th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of C$16.79.

Royal Bank of Canada restated their outperform rating on shares of Pretium Resources Inc (TSE:PVG) (NYSE:PVG) in a research report report published on Tuesday, May 23rd. They currently have a C$18.00 price objective on the stock.

In other news, Director Shaoyang Shen bought 19,900 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The shares were purchased at an average price of C$13.07 per share, for a total transaction of C$260,093.00. In the last 90 days, insiders have purchased 21,300 shares of company stock worth $275,164. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:PVG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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