Paramount Gold Nevada Corp. with ticker code (PZG) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 1.75 and 1.25 suggesting an average Analsyt target price of $1.50. Given that the stocks previous close was at $.32 this indicates there is a potential upside of 368.8%. The 50 day MA is $.34 and the 200 day MA is $.37. The market cap for the company is $16m. Company Website: https://www.paramountnevada.com
The potential market cap would be $75m based on the market consensus.
Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States. The company primarily explores for gold and silver ores. It holds principal interest in the Sleeper gold project with 2,322 unpatented mining claims totaling approximately 38,300 acres located in Humbolt County, Nevada. The company also holds 100% interest in the Grassy Mountain gold project with 442 federal mining claims and 3 patented lode claims covering approximately 9,300 acres located in Malheur County, Oregon. Paramount Gold Nevada Corp. was founded in 1992 and is headquartered in Winnemucca, Nevada.
The company is not paying dividends at this time.
