Insider Buying: Pershing Gold Corp Director Purchases 220,000 Shares of Stock (PGLC)
Pershing Gold Corp (NASDAQ:PGLC) Director Barry C. Honig bought 220,000 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were purchased at an average price of $0.32 per share, with a total value of $70,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Pershing Gold Corp (NASDAQ:PGLC) traded down 1.23% during mid-day trading on Thursday, hitting $0.3125. 140,844 shares of the company’s stock traded hands. Pershing Gold Corp has a 1-year low of $0.31 and a 1-year high of $0.43. The stock’s 50-day moving average is $0.33 and its 200-day moving average is $0.36. The company’s market cap is $99.0 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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