Paramount Gold Nevada (NYSEAMERICAN:PZG) Shares Down 1.2%

Shares of Paramount Gold Nevada Corp. (NYSEAMERICAN:PZG) were down 1.2% during mid-day trading on Wednesday . The stock traded as low as $0.43 and last traded at $0.44. Approximately 25,390 shares were traded during trading, a decline of 83% from the average daily volume of 145,769 shares. The stock had previously closed at $0.44.

Paramount Gold Nevada Stock Down 1.2 %

The company has a market cap of $26.45 million, a P/E ratio of -3.36 and a beta of 1.88. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.21 and a quick ratio of 2.21.

Paramount Gold Nevada (NYSEAMERICAN:PZG) last released its quarterly earnings data on Tuesday, February 13th. The basic materials company reported ($0.03) earnings per share for the quarter.

Institutional Trading of Paramount Gold Nevada

An institutional investor recently bought a new position in Paramount Gold Nevada stock. Cullen Frost Bankers Inc. purchased a new position in shares of Paramount Gold Nevada Corp. (NYSEAMERICAN:PZG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,940,000 shares of the basic materials company’s stock, valued at approximately $834,000. Cullen Frost Bankers Inc. owned approximately 4.49% of Paramount Gold Nevada as of its most recent SEC filing. Hedge funds and other institutional investors own 4.51% of the company’s stock.

Paramount Gold Nevada Company Profile

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.