Pershing Gold Corporation (NASDAQ:PGLC) Director Barry C. Honig acquired 18,100 shares of the stock in a transaction dated Friday, December 22nd. The shares were bought at an average cost of $2.38 per share, for a total transaction of $43,078.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Pershing Gold Corporation (NASDAQ PGLC) opened at $2.35 on Thursday. Pershing Gold Corporation has a twelve month low of $2.26 and a twelve month high of $3.49. The company has a market capitalization of $67.68, a P/E ratio of -4.43 and a beta of 0.87.
Pershing Gold (NASDAQ:PGLC) last posted its quarterly earnings results on Monday, November 13th. The basic materials company reported ($0.09) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.10) by $0.01. analysts anticipate that Pershing Gold Corporation will post -0.45 EPS for the current year.
A number of research analysts have recently weighed in on the company. HC Wainwright reaffirmed a “buy” rating and set a $10.00 price objective on shares of Pershing Gold in a research report on Tuesday, October 31st. Zacks Investment Research raised Pershing Gold from a “hold” rating to a “buy” rating and set a $3.25 price objective on the stock in a research report on Saturday, November 18th. Finally, Noble Financial reaffirmed a “buy” rating on shares of Pershing Gold in a research report on Wednesday, November 15th.
TRADEMARK VIOLATION NOTICE: “Barry C. Honig Purchases 18,100 Shares of Pershing Gold Corporation (PGLC) Stock” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.com-unik.info/2017/12/28/barry-c-honig-purchases-18100-shares-of-pershing-gold-corporation-pglc-stock.html.
About Pershing Gold
Pershing Gold Corporation is a gold and precious metals exploration company. The Company focuses on exploration, development and mining opportunities in Nevada. The Company is focused on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. The Company operates its business directly and also through its subsidiary, Gold Acquisition Corp.
What are top analysts saying about Pershing Gold? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Pershing Gold and related companies.