Pretium Resources Inc. (PVG) was a big mover last session with shares rising over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up nearly 78% in the past one-month time frame.
This industrial metals and minerals company has seen one positive estimate revision in the last 7 days. The Zacks Consensus Estimate has also moved higher over the same period, implying more solid trading ahead for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.
Pretium Resources currently sports a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Other stocks worth considering in the same industry include Agnico Eagle Mines Limited (AEM), Golden Star Resources, Ltd. (GSS) and Lake Shore Gold Corp. (LSG). All these stocks carry the same Zacks Rank as Pretium Resources.
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