Pretium Resources (PVG) Receives a Hold from CIBC


According to The Fly, cIBC analyst David Haughton reiterated a Hold rating on Pretium Resources (PVG) yesterday. The company’s shares opened today at $7.56.

According to TipRanks.com, Haughton is a 1-star analyst with an average return of -5.3% and a 37.2% success rate. Haughton covers the Basic Materials sector, focusing on stocks such as Centerra Gold Inc, TMAC Resources, and Agnico Eagle.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pretium Resources with a $15 average price target.

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The company has a one-year high of $11.90 and a one-year low of $6.17. Currently, Pretium Resources has an average volume of 1.82M.

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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.

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