Insider Buying: Barry Honig Acquires 500,000 Shares of Pershing Gold Corp Stock (PGLC)
Pershing Gold Corp (NASDAQ:PGLC) Director Barry Honig bought 500,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were purchased at an average price of $0.35 per share, for a total transaction of $175,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Pershing Gold Corp (NASDAQ:PGLC) traded up 3.14% on Friday, hitting $0.361. The stock had a trading volume of 674,522 shares. Pershing Gold Corp has a 1-year low of $0.31 and a 1-year high of $0.62. The stock’s 50-day moving average is $0.35 and its 200-day moving average is $0.. The company’s market cap is $98.7 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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