Paramount Gold Nevada Corp (AMEX: PZG): Stock Forecast For 2025 Sees A A Decline Of -2.56%

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In today’s recent session, 0.4 million shares of the Paramount Gold Nevada Corp (AMEX:PZG) have been traded, and its beta is 1.90. Most recently the company’s share price was $0.38, and it changed around $0.0 or 0.05% from the last close, which brings the market valuation of the company to $25.69M. PZG at last check was trading at a discount to its 52-week high of $0.69, offering almost -81.58% off that amount. The share price’s 52-week low was $0.31, which indicates that the recent value has risen by an impressive 18.42% since then. We note from Paramount Gold Nevada Corp’s average daily trading volume that its 10-day average is 0.35 million shares, with the 3-month average coming to 162.37K.

Paramount Gold Nevada Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended PZG as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Paramount Gold Nevada Corp is expected to report earnings per share of -0.02 for the current quarter.

Paramount Gold Nevada Corp (AMEX:PZG) trade information

Instantly PZG has been showing a green trend so far today with a performance of 0.05% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.4275 on recent trading dayincreased the stock’s daily price by 11.11%. The company’s shares are currently up 11.11% year-to-date, but still up 1.88% over the last five days. On the other hand, Paramount Gold Nevada Corp (AMEX:PZG) is 7.34% up in the 30-day period. We can see from the shorts that 0.13 million shares have been sold at a short interest cover period of 0.85 day(s).

The consensus price target as assigned by Wall Street analysts is $1.2, which translates to bulls needing to increase their stock price by 68.33% from its current value. Analyst projections state that PZG is forecast to be at a low of $1.2 and a high of $1.2.

Paramount Gold Nevada Corp (AMEX:PZG)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 22.22% of Paramount Gold Nevada Corp shares, and 11.12% of them are in the hands of institutional investors. The stock currently has a share float of 14.30%. Paramount Gold Nevada Corp stock is held by 33.0 institutions, with MILLENNIUM MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 2.739% of the shares, which is about 1.66 million shares worth $0.66 million.

VANGUARD GROUP INC, with 2.338% or 1.41 million shares worth $0.57 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Amplify Junior Silver Miners ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 1.22 shares worth $0.46 million, making up 1.81% of all outstanding shares. On the other hand, Amplify Junior Silver Miners ETF held roughly 825.07 shares worth around $0.31 million, which represents about 1.22% of the total shares outstanding.