Cowen and Company Increases Paramount Gold & Silver Corp. Price Target to $1.72 (PZG)
Cowen and Company lifted their price objective on shares of Paramount Gold & Silver Corp. (NYSE:PZG) from $1.30 to $1.72 in a research note issued on Friday, AR Network reports. The firm currently has an “outperform” rating on the stock. Cowen and Company’s target price would suggest a potential upside of 21.13% from the company’s current price.
Paramount Gold & Silver Corp. (NYSE:PZG) traded down 2.11% on Friday, hitting $1.39. The stock had a trading volume of 341,483 shares. Paramount Gold & Silver Corp. has a one year low of $1.04 and a one year high of $2.77. The stock has a 50-day moving average of $1.44 and a 200-day moving average of $1.54. The company’s market cap is $216.5 million.
Paramount Gold and Silver Corp. (NYSE:PZG) is an exploration stage mining company with projects in northern Nevada and Chihuahua, Mexico.
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