Pretium Resources (NYSE:PVG) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Pretium Resources (NYSE:PVGGet Rating) (TSE:PVG) in a report published on Tuesday. The brokerage issued a hold rating on the basic materials company’s stock.

PVG stock opened at $15.05 on Tuesday. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of -94.06 and a beta of 0.81. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.13 and a current ratio of 1.28. The firm has a 50-day simple moving average of $15.05 and a two-hundred day simple moving average of $14.57. Pretium Resources has a one year low of $8.29 and a one year high of $15.65.

Large investors have recently modified their holdings of the business. PYA Waltman Capital LLC acquired a new position in Pretium Resources in the fourth quarter valued at approximately $25,000. UMB Bank N A MO purchased a new position in Pretium Resources in the fourth quarter worth $45,000. Lazard Asset Management LLC acquired a new stake in Pretium Resources in the fourth quarter valued at $57,000. Verition Fund Management LLC acquired a new stake in shares of Pretium Resources during the third quarter valued at $101,000. Finally, HC Advisors LLC acquired a new stake in shares of Pretium Resources during the fourth quarter valued at $209,000. Institutional investors own 55.11% of the company’s stock.

Pretium Resources Company Profile (Get Rating)

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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