Insider Buying: Barry C. Honig Acquires 300,000 Shares of Pershing Gold Corp Stock (PGLC)
Pershing Gold Corp (NASDAQ:PGLC) Director Barry C. Honig acquired 300,000 shares of Pershing Gold Corp stock on the open market in a transaction dated Tuesday, August 19th. The stock was purchased at an average price of $0.33 per share, for a total transaction of $99,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Pershing Gold Corp (NASDAQ:PGLC) remained flat at $0.315 during during mid-day trading trading on Wednesday. 122,335 shares of the company’s stock traded hands. Pershing Gold Corp has a 52 week low of $0.32 and a 52 week high of $0.43. The stock’s 50-day moving average is $0.34 and its 200-day moving average is $0.37. The company’s market cap is $99.8 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.