Paramount Gold Nevada (PZG) Posts Earnings Results, Misses Expectations By $0.01 EPS
Paramount Gold Nevada (NYSEAMERICAN:PZG) issued its quarterly earnings results on Tuesday. The basic materials company reported ($0.07) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.06) by ($0.01), Bloomberg Earnings reports.
Shares of NYSEAMERICAN:PZG opened at $1.01 on Wednesday. Paramount Gold Nevada has a one year low of $1.01 and a one year high of $1.78.
In related news, major shareholder Parent Co. Fcmi acquired 380,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 11th. The stock was acquired at an average price of $1.25 per share, with a total value of $475,000.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 3.70% of the stock is owned by corporate insiders.
About Paramount Gold Nevada
Paramount Gold Nevada Corp., together with its subsidiaries, acquires, explores for, and develops precious metal properties in the United States. The company primarily explores for gold and silver. Its principal project is the Sleeper gold project comprising 2,322 unpatented mining claims totaling approximately 38,300 acres located in Humbolt County, Nevada.
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