Roth Capital assumed coverage on shares of Paringa Resources (NASDAQ:PNGZF) in a report published on Wednesday morning. The brokerage issued a buy rating on the stock.

Paringa Resources (NASDAQ PNGZF) opened at 0.34 on Wednesday. The firm’s market capitalization is $72.76 million. The stock’s 50 day moving average price is $0.34 and its 200-day moving average price is $0.36. Paringa Resources has a one year low of $0.30 and a one year high of $0.50.

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