H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Pretium Resources (NYSE:PVG) on Wednesday, setting a price target of $16, which is approximately 48.42% above the present share price of $10.78.
Ihle expects Pretium Resources to post earnings per share (EPS) of $0.14 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Pretium Resources, with an average price target of $14.69.
The analysts price targets range from a high of $18.5 to a low of $12.35.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $142.43 million and a net profit of $43.85 million. The company's market cap is $2.02 billion.
According to TipRanks.com, H.C. Wainwright analyst Heiko Ihle is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 53.1% and a 73.22% success rate.
Pretium Resources, Inc. engages in the acquisition, exploration, development and operation of gold and precious metals resource properties. Its projects include Snowfield and Brucejack which are located in British Columbia. The company was founded by Robert Allan Quartermain in 2010 and is headquartered in Vancouver, Canada.