Pretium Resources (PVG) Earns Coverage Optimism Rating of 0.05

Media headlines about Pretium Resources (NYSE:PVG) (TSE:PVG) have trended somewhat positive recently, according to Alpha One Sentiment. The research firm, a service of Accern, identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pretium Resources earned a media sentiment score of 0.05 on Alpha One’s scale. Alpha One also gave headlines about the basic materials company an impact score of 16 out of 100, meaning that recent press coverage is very unlikely to have an impact on the stock’s share price in the near future.

These are some of the news headlines that may have effected AlphaOne Sentiment’s scoring:

Insider Buying and Selling by Quarter for Pretium Resources (NYSE:PVG)

Shares of Pretium Resources (NYSE PVG) traded up 0.34% during trading on Tuesday, hitting $8.87. The stock had a trading volume of 328,784 shares. Pretium Resources has a 52-week low of $6.82 and a 52-week high of $12.53. The firm’s market cap is $1.60 billion. The firm’s 50-day moving average is $9.13 and its 200 day moving average is $9.84.

PVG has been the topic of several recent analyst reports. Citigroup Inc. reissued a “buy” rating and set a $13.00 target price on shares of Pretium Resources in a research note on Tuesday, June 6th. Zacks Investment Research raised Pretium Resources from a “sell” rating to a “hold” rating in a research note on Saturday, March 11th. Royal Bank Of Canada raised Pretium Resources from a “sector perform” rating to an “outperform” rating and set a $18.00 price objective on the stock in a research note on Wednesday, March 8th. Credit Suisse Group assumed coverage on Pretium Resources in a research note on Monday, March 20th. They issued an “outperform” rating and a $13.50 price objective on the stock. Finally, Roth Capital set a $16.00 price objective on Pretium Resources and gave the stock a “buy” rating in a research note on Saturday, March 18th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $14.75.

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Pretium Resources Company Profile

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.

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