PZG Stock Summary and Trading Ideas (Paramount Gold Nevada Corp. | AMEX:PZG)

Paramount Gold Nevada Corp is an exploration-stage mining company. Together with its subsidiaries, the company is engaged in the business of acquiring, exploring, and developing precious metal projects in the United States. Also, it explores for gold and silver. The company enhances the value of projects by implementing exploration and engineering programs that are likely to expand and upgrade known mineralized material to reserves. Its projects include sleeper gold, grassy mountain gold, frost project, other non-material, and others.

Paramount Gold Nevada Corp. trades on the AMEX stock market under the symbol PZG.

As of December 13, 2024, PZG stock price climbed to $0.36 with 35,263 million shares trading.

PZG has a beta of -0.55, meaning it tends to be less sensitive to market movements. PZG has a correlation of 0.01 to the broad based SPY ETF.

PZG has a market cap of $23.80 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, PZG traded as high as $1.10 and as low as $.24.

The top ETF exchange traded funds that PZG belongs to (by Net Assets): VTI, SILJ, VXF.

PZG has underperformed the market in the last year with a price return of +3.7% while the SPY ETF gained +29.9%. PZG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -19.8% and -11.7%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

PZG support price is $.33 and resistance is $.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PZG shares will trade within this expected range on the day.