Pretium Resources (PVG) Gets a Buy Rating from H.C. Wainwright


In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Pretium Resources (PVG), with a price target of $22. The company’s shares closed last Monday at $12.32.

According to TipRanks.com, Ihle is a 4-star analyst with an average return of 4.7% and a 48.0% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.

Pretium Resources has an analyst consensus of Strong Buy, with a price target consensus of $22.30.

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The company has a one-year high of $13.50 and a one-year low of $6.53. Currently, Pretium Resources has an average volume of 2.1M.

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Pretium Resources, Inc. engages in the acquisition, exploration, development and operation 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 in 2010 and is headquartered in Vancouver, Canada.

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