Media coverage about Pretium Resources (NYSE:PVG) (TSE:PVG) has been trending somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Pretium Resources earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 46.117859382413 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media stories that may have effected Accern’s analysis:
- Pretium Resources Inc. (NYSE:PVG) – Hot Stock in the Spotlight – Nasdaq Journal (nasdaqjournal.com)
- Pretium Resources Inc (PVG) Receives Average Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- Short Interest in Pretium Resources Inc (PVG) Grows By 32.8% (americanbankingnews.com)
- Is Stock’s Performance Impressive? – Pretium Resources Inc., (NYSE: PVG) – Stock Watch (stocksnewstimes.com)
- News Review: Infinera Corporation (NASDAQ:INFN), Pretium Resources Inc. (NYSE:PVG) – The Oracle Examiner (oracleexaminer.com)
Several equities research analysts have commented on PVG shares. Zacks Investment Research lowered Pretium Resources from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. HC Wainwright restated a “buy” rating and issued a $16.50 price objective on shares of Pretium Resources in a research report on Tuesday, December 26th. Credit Suisse Group lowered Pretium Resources from an “outperform” rating to a “neutral” rating and set a $10.00 price objective on the stock. in a research report on Tuesday, January 23rd. Roth Capital set a $17.00 target price on Pretium Resources and gave the stock a “buy” rating in a research note on Monday, November 13th. Finally, CIBC downgraded Pretium Resources from a “sector outperform” rating to a “neutral” rating in a research note on Thursday, January 25th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. Pretium Resources presently has a consensus rating of “Hold” and an average price target of $14.33.
Pretium Resources (NYSE:PVG) (TSE:PVG) last released its quarterly earnings results on Friday, November 10th. The basic materials company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.09). The firm had revenue of $70.88 million during the quarter, compared to analyst estimates of $106.50 million. equities analysts expect that Pretium Resources will post -0.04 EPS for the current year.
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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.
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