Paramount Gold Nevada (NYSEAMERICAN:PZG) Stock Price Down 1.6%

Paramount Gold Nevada Corp. (NYSEAMERICAN:PZG) shares dropped 1.6% during trading on Monday . The stock traded as low as $0.32 and last traded at $0.32. Approximately 22,145 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 217,025 shares. The stock had previously closed at $0.32.

Paramount Gold Nevada Price Performance

The firm has a market capitalization of $15.72 million, a P/E ratio of -2.25 and a beta of 1.77.

Institutional Trading of Paramount Gold Nevada

Several large investors have recently modified their holdings of PZG. State Street Corp purchased a new position in Paramount Gold Nevada during the first quarter valued at $167,000. Renaissance Technologies LLC lifted its position in Paramount Gold Nevada by 160.4% during the first quarter. Renaissance Technologies LLC now owns 327,000 shares of the basic materials company’s stock valued at $114,000 after purchasing an additional 201,405 shares in the last quarter. Geode Capital Management LLC lifted its position in Paramount Gold Nevada by 757.9% during the second quarter. Geode Capital Management LLC now owns 328,722 shares of the basic materials company’s stock valued at $104,000 after purchasing an additional 290,403 shares in the last quarter. Virtu Financial LLC lifted its position in Paramount Gold Nevada by 218.5% during the first quarter. Virtu Financial LLC now owns 142,589 shares of the basic materials company’s stock valued at $93,000 after purchasing an additional 97,824 shares in the last quarter. Finally, BlackRock Inc. lifted its position in Paramount Gold Nevada by 52.4% during the first quarter. BlackRock Inc. now owns 104,974 shares of the basic materials company’s stock valued at $69,000 after purchasing an additional 36,074 shares in the last quarter. Institutional investors own 24.64% of the company’s stock.

About Paramount Gold Nevada

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 ores. It holds principal interest in the Sleeper gold project with 2,322 unpatented mining claims totaling approximately 38,300 acres located in Humbolt County, Nevada.