Shares of Paramount Gold Nevada Corp (NYSE:PZG) dropped 1.8% during mid-day trading on Tuesday . The company traded as low as $2.11 and last traded at $2.20, with a volume of 81,410 shares. The stock had previously closed at $2.24.

The firm’s market capitalization is $17.89 million. The stock has a 50 day moving average price of $2.22 and a 200-day moving average price of $1.61.

Paramount Gold Nevada Corp. is an exploration-stage mining company. The Company is engaged in the business of precious metals exploration primarily in Nevada, the United States. Its principal Nevada interest, the Sleeper Gold Project, is located in Humboldt County, Nevada. It has rights to explore, develop and mine the Sleeper Gold Project through its ownership of unpatented lode mining claims.

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