Paramount Gold Nevada Corp [PZG] stock is trading at $0.38, down -0.34%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PZG shares have gain 4.38% over the last week, with a monthly amount glided 2.82%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Paramount Gold Nevada Corp [AMEX: PZG] stock has seen the most recent analyst activity on January 04, 2017, when ROTH Capital initiated its Buy rating and assigned the stock a price target of $2.30. Previously, H.C. Wainwright started tracking the stock with Buy rating on April 27, 2015, and set its price target to $3.70. On August 01, 2014, Noble Financial initiated with a Buy rating and assigned a price target of $1.75 on the stock. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $2.30 on April 09, 2014. Cowen reiterated its recommendation of a Outperform and raised its price target to $1.72 on September 20, 2013.
Paramount Gold Nevada Corp [PZG] stock has fluctuated between $0.31 and $0.69 over the past year. Currently, Wall Street analysts expect the stock to reach $1.2 within the next 12 months. Paramount Gold Nevada Corp [AMEX: PZG] shares were valued at $0.38 at the most recent close of the market. An investor can expect a potential return of 215.79% based on the average PZG price forecast.
Analyzing the PZG fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.21 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.3742 points at the first support level, and at 0.3695 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3883, and for the 2nd resistance point, it is at 0.3977.
Ratios To Look Out For
For context, Paramount Gold Nevada Corp’s Current Ratio is 8.94. In addition, the Quick Ratio stands at 8.94 and the Cash Ratio stands at 7.27.
