Paramount Gold Nevada Corp. (NYSEAMERICAN:PZG) Short Interest Update

Paramount Gold Nevada Corp. (NYSEAMERICAN:PZGGet Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 260,600 shares, a drop of 20.2% from the November 30th total of 326,600 shares. Based on an average trading volume of 155,100 shares, the short-interest ratio is currently 1.7 days.

Paramount Gold Nevada Trading Up 0.6 %

Shares of NYSEAMERICAN PZG traded up $0.00 during mid-day trading on Tuesday, hitting $0.34. The company had a trading volume of 96,109 shares, compared to its average volume of 162,561. Paramount Gold Nevada has a 12 month low of $0.30 and a 12 month high of $0.69. The company has a market cap of $22.61 million, a price-to-earnings ratio of -2.85 and a beta of 1.85. The company has a current ratio of 10.51, a quick ratio of 10.50 and a debt-to-equity ratio of 0.40.

Institutional Investors Weigh In On Paramount Gold Nevada

A hedge fund recently raised its stake in Paramount Gold Nevada stock. Renaissance Technologies LLC raised its holdings in shares of Paramount Gold Nevada Corp. (NYSEAMERICAN:PZGFree Report) by 88.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 670,904 shares of the basic materials company’s stock after acquiring an additional 314,304 shares during the period. Renaissance Technologies LLC owned approximately 1.05% of Paramount Gold Nevada worth $268,000 as of its most recent SEC filing. 4.51% of the stock is owned by institutional investors.

Paramount Gold Nevada Company Profile

(Get Free Report)

Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States. The company primarily explores for gold and silver deposits. It holds principal interest in the Sleeper gold project, which comprises 2,474 unpatented mining claims totaling approximately 44,917 acres located in Humbolt County, Nevada.

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