Pershing Gold Corp Director Purchases $20,700 in Stock (PGLC)
Pershing Gold Corp (NASDAQ:PGLC) Director Barry Honig purchased 57,500 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, October 9th. The stock was purchased at an average cost of $0.36 per share, for a total transaction of $20,700.00. Following the acquisition, the director now directly owns 15,359,662 shares of the company’s stock, valued at approximately $5,529,478. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Pershing Gold Corp (NASDAQ:PGLC) traded down 1.11% during mid-day trading on Thursday, hitting $0.356. The stock had a trading volume of 286,727 shares. Pershing Gold Corp has a 52-week low of $0.31 and a 52-week high of $0.62. The stock’s 50-day moving average is $0.37 and its 200-day moving average is $0.38. The company’s market cap is $97.3 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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