Paramount Gold Nevada Corp’s (PZG) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright reiterated their buy rating on shares of Paramount Gold Nevada Corp (NYSE:PZG) in a research note released on Friday. They currently have a $4.00 price objective on the stock.

A number of other research analysts also recently weighed in on PZG. Roth Capital set a $2.00 price target on Paramount Gold Nevada Corp and gave the company a buy rating in a research note on Wednesday, August 2nd. Zacks Investment Research downgraded Paramount Gold Nevada Corp from a hold rating to a sell rating in a research note on Wednesday, August 9th.

Paramount Gold Nevada Corp (NYSE PZG) opened at 1.74 on Friday. Paramount Gold Nevada Corp has a one year low of $1.36 and a one year high of $2.30. The stock’s market cap is $30.94 million. The stock’s 50 day moving average price is $1.52 and its 200-day moving average price is $1.59.

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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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