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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNASDAQ:PGLC
Previous Symbol
CUSIPN/A
Phone720-974-7248
Debt
Debt-to-Equity RatioN/A
Current Ratio1.65
Quick Ratio1.65
Price-To-Earnings
Trailing P/E Ratio-2.00
Forward P/E Ratio-2.08
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book Value$0.90 per share
Price / Book1.11
Profitability
EPS (Most Recent Fiscal Year)($0.50)
Net Income$-13,090,000.00
Net MarginsN/A
Return on Equity-43.40%
Return on Assets-40.39%
Miscellaneous
Employees19
Outstanding Shares33,680,000
Market Cap$31.99 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) posted its quarterly earnings results on Tuesday, August, 14th. The basic materials company reported ($0.13) earnings per share 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?
What price target have analysts set for PGLC?
2 brokers have issued 1-year price objectives for Pershing Gold's stock. 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 273.7% 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. " (11/14/2018)
- 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?
Headlines about PGLC stock have been trending very positive on Wednesday, InfoTrie reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pershing Gold earned a news impact score of 3.1 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the stock's share price in the next few days.
Who are some of Pershing Gold's key competitors?
Some companies that are related to Pershing Gold include DRDGOLD (DRD), Beadell Resources (BDREF), China Natural Resources (CHNR), Loncor Resources (LONCF), American International Ventures (AIVN), Corvus Gold (CORVF), First Colombia Gold (FCGD), Gold Reserve (GDRZF), Mexus Gold US (MXSG), New Jersey Mining (NJMC), Primero Mining (PPPMF), Rare Element Resource (REEMF), Simlatus (SIML) and Timberline Resources (TLRS).
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 72)
- Mr. Eric Alexander, VP of Fin., Controller & Principal Accounting Officer (Age 52)
- Mr. Timothy Mark Janke, Chief Operating Officer (Age 66)
- Mr. Jack Perkins, VP of Investor Relations
- Ms. Mindyjo Germann, Corp. Sec. & Exec. Administrator
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. (1.48%) and Renaissance Technologies LLC (0.36%). Company insiders that own Pershing Gold stock include Barry C Honig and Douglass Scott Barr. View Institutional Ownership Trends for Pershing Gold.
Which institutional investors are selling Pershing Gold stock?
Which institutional investors are buying Pershing Gold stock?
PGLC stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC. Company insiders that have bought Pershing Gold stock in the last two years include Barry C Honig and Douglass Scott Barr. 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 $0.97.
How big of a company is Pershing Gold?
Pershing Gold has a market capitalization of $31.99 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?
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)
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.
