Paramount Gold Nevada Corp’s (PZG) Buy Rating Reiterated at HC Wainwright
Paramount Gold Nevada Corp (NYSE:PZG)‘s stock had its “buy” rating restated by equities research analysts at HC Wainwright in a report issued on Friday. They presently have a $4.00 target price on the stock. HC Wainwright’s target price would indicate a potential upside of 129.89% from the company’s current price.
Other research analysts have also recently issued reports about the company. Zacks Investment Research cut Paramount Gold Nevada Corp from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Roth Capital set a $2.00 price objective on Paramount Gold Nevada Corp and gave the stock a “buy” rating in a report on Wednesday, August 2nd.
Paramount Gold Nevada Corp (NYSE:PZG) traded down 2.25% on Friday, hitting $1.74. 46,649 shares of the company traded hands. The firm’s market capitalization is $30.94 million. The firm’s 50 day moving average price is $1.52 and its 200 day moving average price is $1.59. Paramount Gold Nevada Corp has a 1-year low of $1.36 and a 1-year high of $2.30.
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Paramount Gold Nevada Corp Company Profile
Paramount Gold Nevada Corp. is an exploration-stage mining company. The Company is engaged in the business of acquiring, exploring and developing precious metal projects in the United States. Its principal Nevada interest, the Sleeper Gold Project, is located in Humboldt County, Nevada. Its project located in Oregon, known as the Grassy Mountain Project, is situated in Malheur County, Oregon.
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