Favorable Press Coverage Somewhat Unlikely to Impact Paramount Gold Nevada Corp (PZG) Share Price

Media stories about Paramount Gold Nevada Corp (NYSE:PZG) have trended positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Paramount Gold Nevada Corp earned a coverage optimism score of 0.25 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.1868095246262 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Shares of Paramount Gold Nevada Corp (PZG) remained flat at $1.36 during trading on Friday. The company’s stock had a trading volume of 205,188 shares. The firm’s market capitalization is $24.18 million. The company has a 50 day moving average of $1.61 and a 200-day moving average of $1.61. Paramount Gold Nevada Corp has a 12 month low of $1.30 and a 12 month high of $2.10.

Several equities analysts have recently issued reports on PZG shares. Zacks Investment Research downgraded shares of Paramount Gold Nevada Corp from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. HC Wainwright reaffirmed a “buy” rating and set a $3.75 price target on shares of Paramount Gold Nevada Corp in a research note on Monday, October 2nd. Finally, Roth Capital set a $2.00 price target on shares of Paramount Gold Nevada Corp and gave the company a “buy” rating in a research note on Wednesday, August 2nd.

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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.

Insider Buying and Selling by Quarter for Paramount Gold Nevada Corp (NYSE:PZG)

Insider Buying and Selling by Quarter for Paramount Gold Nevada Corp (NYSE:PZG)

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