News headlines about Paramount Gold Nevada Corp (NYSE:PZG) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Paramount Gold Nevada Corp earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.5204221136474 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Paramount Gold Nevada Corp (NYSE:PZG) opened at 1.58 on Friday. The company has a 50-day moving average of $1.49 and a 200 day moving average of $1.60. Paramount Gold Nevada Corp has a 12-month low of $1.36 and a 12-month high of $2.30. The firm’s market cap is $28.09 million.

Several analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Paramount Gold Nevada Corp from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Roth Capital set a $2.00 target price on shares of Paramount Gold Nevada Corp and gave the company a “buy” rating in a report on Wednesday, August 2nd.

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About Paramount Gold Nevada Corp

Paramount Gold Nevada Corp. is an exploration-stage mining company. The Company is engaged in the business of acquiring, exploring and developing precious metal projects in the United States. Its principal Nevada interest, the Sleeper Gold Project, is located in Humboldt County, Nevada. Its project located in Oregon, known as the Grassy Mountain Project, is situated in Malheur County, Oregon.

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