Pretium Resources (TSE:PVG) Stock Price Down 2.8% – Should You Sell?

Pretium Resources Inc. (TSE:PVGGet Free Report) (NYSE:PVG)’s share price dropped 2.8% during mid-day trading on Tuesday . The stock traded as low as C$18.86 and last traded at C$19.15. Approximately 232,722 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 771,650 shares. The stock had previously closed at C$19.70.

Pretium Resources Trading Down 2.8 %

The company has a debt-to-equity ratio of 23.27, a current ratio of 1.28 and a quick ratio of 1.11. The company has a market capitalization of C$3.60 billion and a P/E ratio of -76.60. The business’s 50-day moving average price is C$19.15.

About Pretium Resources

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Pretium Resources Inc acquires, explores for, and develops precious metal resource properties in the Americas. The company primarily explores for gold and silver deposits. It holds 100% interests in the Brucejack project that consists of 4 mining leases and 6 mineral claims covering an area of 3,306 hectares located in northwestern British Columbia.

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