Pretium Resources Inc.
) was a big mover last session, as the company saw its shares shoot
by nearly 82% on the day. The encouraging jump in the share price
came on the back of the company's announcement of
higher-than-expected gold being produced from the
Valley-of-the-Kings Bulk Sample Program. With this news, far more
shares changed hands than in a normal session. The closing price
represents a substantial upsurge from the near-flat trading range
of $2.78 to $3.65 in the past one-month time frame.
This gold mining company has seen one positive revision in the last
one month, while its Zacks Consensus Estimate remained unchanged
over the same time frame. Friday's price action is encouraging
though, so make sure to keep an eye on this stock going forward to
see if this recent surge can turn into more strength down the road.
Pretium Resources currently has a Zacks Rank #2 (Buy) while its
Other favorably ranked stocks in the same industry are
Vista Gold Corp.
Lake Shore Gold Corp.
Golden Star Resources, Ltd.
). All these carry the same Zacks Rank as Pretium Resources.
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GOLDEN STAR RES (GSS): Free Stock Analysis
LAKE SHORE GOLD (LSG): Free Stock Analysis
PRETIUM RES INC (PVG): Free Stock Analysis
VISTA GOLD CORP (VGZ): Free Stock Analysis
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