Insider Buying: Barry C. Honig Buys 60,000 Shares of Pershing Gold Corp Stock (PGLC)
Pershing Gold Corp (NASDAQ:PGLC) Director Barry C. Honig acquired 60,000 shares of Pershing Gold Corp stock on the open market in a transaction dated Monday, August 11th. The stock was purchased at an average price of $0.34 per share, with a total value of $20,400.00. Following the acquisition, the director now directly owns 17,874,072 shares of the company’s stock, valued at approximately $6,077,184. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Pershing Gold Corp (NASDAQ:PGLC) traded down 1.74% during mid-day trading on Tuesday, hitting $0.333. 1,341,041 shares of the company’s stock traded hands. Pershing Gold Corp has a 52 week low of $0.33 and a 52 week high of $0.43. The stock’s 50-day moving average is $0.35 and its 200-day moving average is $0.37. The company’s market cap is $93.3 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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