Pretium Resources Inc (TSE:PVG) (NYSE:PVG) was up 26.5% on Wednesday . The company traded as high as C$11.47 and last traded at C$9.87. Approximately 4,920,451 shares were traded during trading, an increase of 600% from the average daily volume of 702,846 shares. The stock had previously closed at C$13.42.

PVG has been the topic of several research reports. Numis Securities reissued a “buy” rating and set a C$22.00 price objective on shares of Pretium Resources in a research note on Thursday, October 12th. Royal Bank of Canada dropped their price objective on shares of Pretium Resources from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a research note on Friday, January 19th. CIBC boosted their price objective on shares of Pretium Resources from C$15.75 to C$18.00 and gave the stock an “outperform” rating in a research note on Friday, October 13th. Finally, Scotiabank raised shares of Pretium Resources from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$16.50 to C$17.00 in a research note on Thursday, October 12th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of C$18.13.

The firm has a market cap of $1,870.00, a P/E ratio of -65.80 and a beta of -0.11.

Pretium Resources (TSE:PVG) (NYSE:PVG) last posted its quarterly earnings data on Friday, November 10th. The company reported C$0.06 EPS for the quarter, missing the consensus estimate of C$0.17 by C($0.11).

In other news, Director Christopher Noel Dunn sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of C$14.71, for a total value of C$588,400.00.

COPYRIGHT VIOLATION NOTICE: “Pretium Resources (PVG) Trading Up -26.5%” was originally posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this article on another website, it was stolen and republished in violation of U.S. and international copyright & trademark law. The legal version of this article can be viewed at https://theolympiareport.com/2018/01/24/pretium-resources-pvg-trading-up-26-5.html.

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.

Receive News & Ratings for Pretium Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pretium Resources and related companies with MarketBeat.com's FREE daily email newsletter.