Paramount Gold & Silver Corp.’s Buy Rating Reaffirmed at Cowen and Company (PZG)
Paramount Gold & Silver Corp. (NYSE:PZG)‘s stock had its “buy” rating reaffirmed by Cowen and Company in a research note issued on Thursday, Stock Ratings Network.com reports. They currently have a $1.72 price objective on the stock. Cowen and Company’s price objective indicates a potential upside of 34.38% from the stock’s previous close.
Paramount Gold & Silver Corp. (NYSE:PZG) traded up 3.23% during mid-day trading on Thursday, hitting $1.28. 501,030 shares of the company’s stock traded hands. Paramount Gold & Silver Corp. has a 1-year low of $1.04 and a 1-year high of $2.82. The stock has a 50-day moving average of $1.44 and a 200-day moving average of $1.56. The company’s market cap is $199.3 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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