Why I Expect a Big Move in Shares of Pretium Resources (PVG)

After releasing its earnings report just three weeks ago, Pretium Resources (PVG) share prices surged.  Since then, the stock has been consolidating and a symmetrical triangle pattern has formed on its chart…

Pretium Resources Inc (PVG) is an exploration and development company engaged in the acquisition, exploration, and development of precious metal resource properties in the Americas. PVG was able to continue mining gold while many other companies suspended operations last quarter due to COVID-19. The company reported production of 90,419 ounces, and forecasts 325,000 ounces to 365,000 ounces for all of 2020.

Take a look at the 1-year chart of PVG below with added notations…

See chart and continue reading at STOCKNEWS.com