Boston, MA 05/30/2013 (wallstreetpr) – The share prices of Pretium Resources Inc. (NYSE:PVG) had surged by 7.31 percent to close at $8.22 per share for the end of last trading session. The shares of the precious metal exploration and development company had been trading in the range of $7.63 to $8.43 per share during the day before closing at $0.56 higher than the closing price of previous day.
Pretium Resources Inc. (NYSE:PVG) is involved in the acquisition, exploration and development of precious metal properties with operations concentrated in the North and South America. The company’s advanced stage exploration projects include the Brucejack Project and the Snowfield Project located in the northwestern British Columbia. The Brucejack project of Pretium Resources Inc. (NYSE:PVG) is an advanced exploration project involving both silver and gold reserves domains with about six mineral areas such as West Zone, Bridge Zone, Low Grade Halo zone etc.
Further, Pretium Resources Inc. (NYSE:PVG) had also recently announced that explorations at the Valley of the Kings Bulk sample program had intersected visible gold in the underground hole and provides evidences for high grade gold mineralized domains. This proves to be a valuable finding to enhance the capacity of exploration reserves related to the Brucejack Project.
The shares of Pretium Resources Inc. (NYSE:PVG) have recorded 52 week high price level of $5.39 per share and 52 week low price level of $15.96 per share. The average trading volume for the company involved in exploration and development of precious metal reserves had been 288,810 shares per day.