Insider Buying: Pershing Gold Corp Director Buys 250,000 Shares of Stock (PGLC)
Pershing Gold Corp (NASDAQ:PGLC) Director Barry C. Honig acquired 250,000 shares of Pershing Gold Corp stock in a transaction dated Friday, August 29th. The shares were purchased at an average price of $0.32 per share, with a total value of $80,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Pershing Gold Corp (NASDAQ:PGLC) traded up 1.59% on Tuesday, hitting $0.32. 457,429 shares of the company’s stock traded hands. Pershing Gold Corp has a 52-week low of $0.31 and a 52-week 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 $101.3 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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