Paramount Gold Nevada Corp. (NASDAQ:PZG) Given $4.00 Consensus Target Price by Brokerages

Shares of Paramount Gold Nevada Corp. (NASDAQ:PZG) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokers have set a 1 year consensus price target of $4.00 for the company, according to Zacks. Zacks has also given Paramount Gold Nevada an industry rank of 210 out of 256 based on the ratings given to its competitors.

Shares of PZG stock traded down $0.01 on Friday, hitting $0.98. 73,900 shares of the stock were exchanged, compared to its average volume of 25,054. The firm has a 50 day moving average price of $0.81. Paramount Gold Nevada has a one year low of $0.70 and a one year high of $1.24.

Paramount Gold Nevada (NASDAQ:PZG) last issued its quarterly earnings data on Friday, May 10th. The company reported ($0.04) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.01. The business had revenue of $0.21 million during the quarter.

About Paramount Gold Nevada

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

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