Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Paramount Gold Nevada Corp (PZG) Share Price

News stories about Paramount Gold Nevada Corp (NYSE:PZG) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Paramount Gold Nevada Corp earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.5875972804822 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

A number of analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Paramount Gold Nevada Corp from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 25th. Roth Capital set a $2.00 price objective on shares of Paramount Gold Nevada Corp and gave the stock a “buy” rating in a report on Wednesday, August 2nd.

Shares of Paramount Gold Nevada Corp (PZG) opened at 1.5594 on Friday. Paramount Gold Nevada Corp has a 12-month low of $1.36 and a 12-month high of $2.30. The stock’s 50 day moving average is $1.48 and its 200-day moving average is $1.62. The company’s market capitalization is $27.72 million.

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About Paramount Gold Nevada Corp

Paramount Gold Nevada Corp. is an exploration-stage mining company. The Company is engaged in the business of acquiring, exploring and developing precious metal projects in the United States. Its principal Nevada interest, the Sleeper Gold Project, is located in Humboldt County, Nevada. Its project located in Oregon, known as the Grassy Mountain Project, is situated in Malheur County, Oregon.