Hot Stock Overview: Pretium Resources, Inc. (NYSE:PVG)

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Pretium Resources, Inc. (NYSE:PVG)

Citigroup Maintains Pretium Resources, Inc. (NYSE:PVG)’s stock to Buy with the price target of $12. This rating was issued on 8/29/18. The stock recently closed its previous session at $8.23 by showing a percentage change of 7.58% from its previous day closing price of $7.65.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Pretium Resources, Inc. (NYSE:PVG) in which Credit Suisse Downgrades Pretium Resources, Inc. (NYSE:PVG) to Neutral with no specific Price Target on 1/24/18. H.C. Wainwright Maintains the stock to Buy on 1/24/18 by stationing a price target of $15. Credit Suisse Maintains the company’s stock to Outperform on 8/11/17 by setting a price target of $13. Credit Suisse Initiates Coverage On Pretium Resources, Inc. (NYSE:PVG) to Outperform with a price target of $13.5.

Pretium Resources, Inc. (NYSE:PVG) currently has a consensus Price Target of $17.47. While some analysts have a High Price target for the stock of $25.94 and a Low Price Target of $14.

Several sell side analysts reviewed their recommendations on Pretium Resources, Inc. (NYSE:PVG) where 2 analyst have rated the stock as Strong Buy, 4 analysts said it’s a Buy, 2 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.6. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Pretium Resources, Inc. (NYSE:PVG) reported its Actual EPS of $0.05/share. The analysts offering Earnings Estimates for the company were believing that Pretium Resources, Inc. (NYSE:PVG) could bring EPS of $0.08/share. The difference between Actual EPS and Estimated EPS was -0.03 Percent. Thus the company showed an Earnings Surprise of -37.5 Percent.

Pretium Resources, Inc. (NYSE:PVG) has a market capitalization of 1.51 Billion. The stock traded with the volume of 3.22 Million shares in the last trading session. The stock touched its high share price of $12.44 on 10/13/17 and the stock also touched its Lowest price in the last 52-weeks of trading on 03/01/18 as $6.17. The company has a 1 Year high price target of $13.66. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of 4.12%. The Moving Average SMA50 is 1.51% while SMA200 is 5.35%.

Pretium Resources, Inc. (NYSE:PVG) is currently showing its ROA (Return on Assets) of 0%. The Return on Investment (ROI) is at 0% while it’s Return on Equity (ROE) value stands at 0%. The stock currently shows its YTD (Year to Date) performance of -27.87 percent while its Weekly performance value is -2.26%. The Monthly and Yearly performances are 7.58 percent and -32.04 percent respectively. The Relative Volume value measured for Pretium Resources, Inc. (NYSE:PVG) is 1.3. The Average Volume (3 months) is 2.47 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. PVG has P/E (Price to Earnings ttm) value of 112.74, Forward P/E of 16.46, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 0 percent.

Company Profile:

Pretium Resources Inc. is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas. The Company owns the Snowfield and Brucejack Projects located in Northwest British Columbia, Canada. Its mineral interests consist of gold/copper/silver exploration projects. Pretium Resources Inc. is headquartered in Vancouver, Canada.