$PZG Next Target PTs 1.10-1.50-1.75-2.80-4.50 and higherParamount 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.
PZG trade ideas
PZG Potential RunThe market has been taking a dump the past few days so this play is very risky but here is my take based solely on TA.
Tight stop loss is key in this play if the market doesn't shape up.
*This is not financial advice. Investing involves risk. Please do your own due diligence before investing.
PZG - Bullish Momentum Still Dominating After RetracementParamount 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. As of June 30, 2016, the Company owned additional mining claims in the State of Nevada, including the Mill Creek property, which had 36 unpatented lode mining claims in Lander County, and the Spring Valley property, which had 38 lode mining claims in Pershing County. Its subsidiaries, New Sleeper Gold LLC and Sleeper Mining Company, LLC, operate its mining interests in Nevada. Its subsidiaries, Calico Resources Corp. and Calico Resources USA Corp., hold its interest in the Grassy Mountain Project in Oregon. As of June 30, 2016, the Company had not generated any revenues from operations.
SHORT INTEREST
93.02K 07/15/19
P/E Current
-3.07
P/E Ratio (with extraordinary items)
-4.37
Average Recommendation: BUY
Average Target Price: 2.30
PZG: Another Rally?Chart Details: As the mining sector is hot right now, PZG has caught my attention. It is a relatively new company with an interesting pattern. I am looking for either continuation of the trend above the support line at $2.08. or for it to return to support at $1.82. I think this could be a good play if you jump in at the right moment.