Roth Capital Initiates Coverage on Paramount Resources (PZG)
Research analysts at Roth Capital started coverage on shares of Paramount Resources (NYSEAMEX:PZG) in a report released on Friday, American Banking News reports. The firm set a “buy” rating on the stock.
Shares of Paramount Resources (NYSEAMEX:PZG) traded up 8.49% on Friday, hitting $1.15. The stock had a trading volume of 1,339,289 shares. Paramount Resources has a 52 week low of $0.78 and a 52 week high of $2.34. The stock’s 50-day moving average is $0.95 and its 200-day moving average is $1.. The company’s market cap is $179.1 million.
Paramount Gold and Silver Corp. (NYSEAMEX:PZG) is an exploration stage mining company with projects in northern Nevada and Chihuahua, Mexico.
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