Paramount Gold Nevada Corp (NYSEAMERICAN:PZG) Short Interest Update

Paramount Gold Nevada Corp (NYSEAMERICAN:PZG) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 163,500 shares, an increase of 5.8% from the September 30th total of 154,500 shares. Based on an average daily volume of 39,800 shares, the short-interest ratio is presently 4.1 days. Currently, 0.8% of the company’s stock are short sold.

Shares of PZG opened at $0.69 on Monday. The firm has a 50-day moving average of $0.86 and a 200-day moving average of $0.84. Paramount Gold Nevada has a one year low of $0.64 and a one year high of $1.08.

Paramount Gold Nevada Company Profile

Paramount Gold Nevada Corp., together with its subsidiaries, acquires, explores, and develops precious metal properties in the United States. The company primarily explores for gold and silver ores. Its principal property is the Sleeper gold project that comprises 2,322 unpatented mining claims totaling approximately 38,300 acres located in Humbolt County, Nevada.

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