Roth Capital analyst Joseph Reagor reiterated a Buy rating on Pretium Resources (PVG) on February 19 and set a price target of $18. The company’s shares opened today at $7.78.
According to TipRanks.com, Reagor is a 4-star analyst with an average return of 7.3% and a 39.5% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Avino Silver & Gold, and Auryn Resources Inc.
Pretium Resources has an analyst consensus of Strong Buy, with a price target consensus of $16.50, which is an 112.1% upside from current levels. In a report issued on February 19, H.C. Wainwright also reiterated a Buy rating on the stock with a $16.50 price target.
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The company has a one-year high of $9.84 and a one-year low of $6.17. Currently, Pretium Resources has an average volume of 2.11M.
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Pretium Resources, Inc. engages in the acquisition, exploration, and development of gold and precious metals resource properties. Its projects include Snowfield and Brucejack which are located in British Columbia. The company was founded by Robert Allan Quartermain on October 22, 2010 and is headquartered in Vancouver, Canada.
