Pretium Resources (NYSE:PVG) Receives News Sentiment Score of 0.05

Headlines about Pretium Resources (NYSE:PVG) (TSE:PVG) have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Pretium Resources earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 50 out of 100, indicating that recent media coverage is somewhat likely to have an effect on the stock’s share price in the immediate future.

Pretium Resources (NYSE PVG) traded down 2.75% during mid-day trading on Tuesday, reaching $8.14. 2,177,634 shares of the company traded hands. Pretium Resources has a 52-week low of $6.82 and a 52-week high of $12.53. The stock has a 50-day moving average of $9.56 and a 200 day moving average of $10.03. The stock’s market capitalization is $1.47 billion.

Several equities research analysts have recently issued reports on PVG shares. BidaskClub raised shares of Pretium Resources from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Citigroup Inc. reissued a “buy” rating and issued a $13.00 target price on shares of Pretium Resources in a research note on Tuesday, June 6th. Zacks Investment Research downgraded shares of Pretium Resources from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. Finally, ValuEngine downgraded shares of Pretium Resources from a “hold” rating to a “sell” rating in a report on Tuesday, June 20th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. Pretium Resources has a consensus rating of “Hold” and a consensus target price of $14.75.

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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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