Insider Buying: Barry Honig Purchases 300,000 Shares of Pershing Gold Corp Stock (PGLC)
Pershing Gold Corp (NASDAQ:PGLC) Director Barry Honig bought 300,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, September 24th. The shares were purchased at an average price of $0.37 per share, for a total transaction of $111,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Pershing Gold Corp (NASDAQ:PGLC) traded down 3.01% on Wednesday, hitting $0.37. The stock had a trading volume of 354,834 shares. Pershing Gold Corp has a one year low of $0.31 and a one year high of $0.62. The stock’s 50-day moving average is $0.36 and its 200-day moving average is $0.39. The company’s market cap is $101.1 million.
Pershing Gold Corporation, formerly Sagebrush Gold Ltd., is an exploration-stage gold and minerals exploration company focused on searching for gold and other mineral resources and seeking out exploration and development targets.
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