NASDAQ:PGLC - Pershing Gold Stock Price, News, & Analysis

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$1.20 +0.05 (+4.35 %)
(As of 02/17/2019 09:04 AM ET)
Previous Close$1.20
Today's Range$1.15 - $1.22
52-Week Range$0.80 - $2.38
Volume187,506 shs
Average Volume46,350 shs
Market Capitalization$40.41 million
P/E Ratio-2.40
Dividend YieldN/A
Beta0.01
Pershing Gold Corporation explores for, develops, and mines gold and precious metals in Nevada. It focuses on the exploration of the Relief Canyon properties covering an area of approximately 29,000 acres located in Pershing County in northwestern Nevada. The Relief Canyon properties include approximately 1,056 owned unpatented mining claims, 120 owned millsite claims, 143 leased unpatented mining claims, and 4,127 acres of leased and 3,739 acres of subleased private lands. The company was formerly known as Sagebrush Gold Ltd. and changed its name to Pershing Gold Corporation in February 2012. Pershing Gold Corporation is based in Lakewood, Colorado.

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Industry, Sector and Symbol

Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNASDAQ:PGLC
CUSIPN/A
Phone720-974-7248

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$1.23 per share

Profitability

Net Income$-13,090,000.00

Miscellaneous

Employees19
Market Cap$40.41 million
OptionableOptionable

Pershing Gold (NASDAQ:PGLC) Frequently Asked Questions

What is Pershing Gold's stock symbol?

Pershing Gold trades on the NASDAQ under the ticker symbol "PGLC."

How were Pershing Gold's earnings last quarter?

Pershing Gold Corp (NASDAQ:PGLC) announced its quarterly earnings data on Tuesday, August, 14th. The basic materials company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.11) by $0.02. View Pershing Gold's Earnings History.

When is Pershing Gold's next earnings date?

Pershing Gold is scheduled to release their next quarterly earnings announcement on Wednesday, March 27th 2019. View Earnings Estimates for Pershing Gold.

What price target have analysts set for PGLC?

2 brokers have issued 1-year price targets for Pershing Gold's shares. Their predictions range from $3.25 to $4.00. On average, they anticipate Pershing Gold's stock price to reach $3.6250 in the next twelve months. This suggests a possible upside of 202.1% from the stock's current price. View Analyst Price Targets for Pershing Gold.

What is the consensus analysts' recommendation for Pershing Gold?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pershing Gold in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pershing Gold.

What are Wall Street analysts saying about Pershing Gold stock?

Here are some recent quotes from research analysts about Pershing Gold stock:
  • 1. According to Zacks Investment Research, "Pershing Gold Corporation is engaged in the exploration and development of gold and precious metal properties primarily in Nevada. The Company focuses on the exploration of Relief Canyon properties located in Pershing County in northwestern Nevada. Pershing Gold Corporation is based in Lakewood, Colorado. " (2/15/2019)
  • 2. HC Wainwright analysts commented, "We believe that Pershing’s position as a single asset developer and current precious metals market conditions made it more difficult than expected for the firm to secure project financing at favorable terms. In our opinion, the combined firm should be able to secure financing for a lower cost of capital aided by Americas Silver’s strong financial position and cash flow generating assets. In short, we think that a financing package for the project could be finalized in 1Q19, which would allow construction at Relief Canyon to begin shortly after and initial production as early as 1H20. Transaction priced below our NAV for the firm. We note that the announced transaction price from Pershing’s point of view was substantially below our estimated NAV and price target for the firm." (10/9/2018)

Has Pershing Gold been receiving favorable news coverage?

Media coverage about PGLC stock has trended positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pershing Gold earned a news sentiment score of 2.4 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days.

Who are some of Pershing Gold's key competitors?

Who are Pershing Gold's key executives?

Pershing Gold's management team includes the folowing people:
  • Mr. Stephen D. Alfers, CEO, Pres & Exec. Chairman (Age 73)
  • Mr. Eric Alexander, VP of Fin., Controller & Principal Accounting Officer (Age 53)
  • Mr. Timothy Mark Janke, Chief Operating Officer (Age 67)
  • Mr. Jack Perkins, VP of Investor Relations
  • Mr. Bob Casaceli, Sr. Geologist

Who are Pershing Gold's major shareholders?

Pershing Gold's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Cambridge Investment Research Advisors Inc. (1.21%) and FNY Investment Advisers LLC (0.59%). View Institutional Ownership Trends for Pershing Gold.

Which institutional investors are selling Pershing Gold stock?

PGLC stock was sold by a variety of institutional investors in the last quarter, including Cambridge Investment Research Advisors Inc.. View Insider Buying and Selling for Pershing Gold.

Which institutional investors are buying Pershing Gold stock?

PGLC stock was purchased by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. View Insider Buying and Selling for Pershing Gold.

How do I buy shares of Pershing Gold?

Shares of PGLC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Pershing Gold's stock price today?

One share of PGLC stock can currently be purchased for approximately $1.20.

How big of a company is Pershing Gold?

Pershing Gold has a market capitalization of $40.41 million. The basic materials company earns $-13,090,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis. Pershing Gold employs 19 workers across the globe.

What is Pershing Gold's official website?

The official website for Pershing Gold is http://www.pershinggold.com.

How can I contact Pershing Gold?

Pershing Gold's mailing address is 1658 COLE BOULEVARD BUILDING 6 SUITE 210, LAKEWOOD CO, 80401. The basic materials company can be reached via phone at 720-974-7248 or via email at [email protected]


MarketBeat Community Rating for Pershing Gold (NASDAQ PGLC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  146 (Vote Outperform)
Underperform Votes:  171 (Vote Underperform)
Total Votes:  317
MarketBeat's community ratings are surveys of what our community members think about Pershing Gold and other stocks. Vote "Outperform" if you believe PGLC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PGLC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

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