Pretium Resources (PVG) Shares are Up 8.89%

Pretium Resources (PVG) has been under a strong bear grip, hence the stock is down -1.68% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 8.96% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.89% in the last 1 week, and is up 1.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 3.92% and the 50-Day Moving Average is 21.72%. Pretium Resources Inc. is up 44.35% in the last 3-month period. Year-to-Date the stock performance stands at 135.71%.


Pretium Resources (NYSE:PVG): stock turned positive on Friday. Though the stock opened at $11.64, the bulls momentum made the stock top out at $12.11 level for the day. The stock recorded a low of $11.58 and closed the trading day at $11.88, in the green by 3.57%. The total traded volume for the day was 1,173,054. The stock had closed at $11.47 in the previous days trading.

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 Companys wholly owned projects include Brucejack Project and the Snowfield Project. The Companys only material mineral project for the purposes of NI 43-101 is the Brucejack Project. The Companys Brucejack Project is an advanced-stage exploration project located in north-western British Columbia and consists of 11 mineral claims totaling 3,199.28 hectares in area. The Companys Snowfield Project borders the Brucejack Project to the north and consists of one mineral claim with an area of approximately 1,267.43 hectares. The Company has two wholly owned subsidiaries, Pretium Exploration Inc. and 0890696 B.C. Ltd, which hold the Companys interests in the Brucejack Project and the assets related thereto.

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