Pershing Gold Corporation (PGLC) Director Barry C. Honig Purchases 5,000 Shares
Pershing Gold Corporation (NASDAQ:PGLC) Director Barry C. Honig acquired 5,000 shares of Pershing Gold Corporation stock in a transaction dated Wednesday, November 8th. The stock was bought at an average price of $2.86 per share, for a total transaction of $14,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Pershing Gold Corporation (NASDAQ PGLC) remained flat at $$2.86 during trading on Friday. 308,607 shares of the company’s stock were exchanged, compared to its average volume of 83,723. Pershing Gold Corporation has a twelve month low of $2.60 and a twelve month high of $4.10.
An institutional investor recently raised its position in Pershing Gold Corporation stock. Vanguard Group Inc. lifted its position in shares of Pershing Gold Corporation (NASDAQ:PGLC) by 5.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 614,718 shares of the basic materials company’s stock after purchasing an additional 29,018 shares during the period. Vanguard Group Inc. owned about 2.16% of Pershing Gold Corporation worth $1,715,000 at the end of the most recent reporting period. Institutional investors own 19.73% of the company’s stock.
A number of analysts have weighed in on PGLC shares. Zacks Investment Research upgraded Pershing Gold Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. Noble Financial restated a “buy” rating on shares of Pershing Gold Corporation in a research note on Monday, August 21st. Finally, HC Wainwright restated a “buy” rating and issued a $10.00 price target on shares of Pershing Gold Corporation in a research note on Tuesday, October 31st.
Pershing Gold Corporation Company Profile
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.
Receive News & Ratings for Pershing Gold Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pershing Gold Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.