Paramount Gold Nevada Corp (PZG) Stock AnalysisPZGStock AnalysisParamount Gold Nevada Corp

Paramount Gold Nevada Corp. is engaged in the business of acquiring, exploring and developing precious metals projects in the United States of America. The Company owns both exploration and development stage projects in the states of Nevada and Oregon. Its projects include Sleeper Gold Project, Grassy Mountain Project, and Bald Peak Project. The Sleeper Gold Project is located in Humboldt County, Nevada, approximately 26 miles northwest of the town of Winnemucca. The Grassy Mountain Project is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho. The project lies within the rolling high desert hills of the western Snake River Plain. The Bald Peak project is located in the Aurora mining district in Mineral County, Nevada and situated on a parallel structure to that which hosts the prolific open-pit Bodie, Aurora, and Borealis mines. It operates in the Basic Materials sector (METAL MINING industry).

Paramount Gold Nevada Corp (PZG) is currently trading at $1.44, which is significantly below the analyst price target of $4, indicating a potential upside of approximately 177.78%. However, the stock has a low RSI of 35.817, suggesting it is nearing oversold conditions but may still face short-term downward pressure as evidenced by a recent 5-day change of -5.88%.

2 analysts cover PZG: 2 rate it Buy, 0 Hold and 0 Sell.