Pershing Gold Corporation is part of the metals and mining industry and is in the basic materials sector. The company CEO is Stephen Alfers. Pershing Gold Corp is a gold and precious metals exploration company. It pursues exploration, development and mining opportunities primarily in Nevada. The Relief Canyon properties are located about 100 miles northeast of Reno, Nevada.
Previous Intraday Performance:
The PGLC shares had a previous change of 3.70% which opened at 1.11 and closed at 1.12. It moved to an intraday high of 1.12 and a low of 1.05.
Over the last five trading days, PGLC shares returned -1.75% and in the past 30 trading days it returned -8.94%. Over three months, it changed 28.74%. In one year it has changed -43.15% and within that year its 52-week high was 2.07 and its 52-week low was 0.80. PGLC stock is 40.30% above its 52 Week Low.
Our calculations result in a 200 day moving average of 1.28 and a 50 day moving average of 1.18. Right now, PGLC stock is trading -12.81% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.
The company has a market cap of $37.7m with 33.7m shares outstanding and a float of 33.7m shares. Trading volume was 285,135 shares and has experienced an average volume of 73,556 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.
The last annual reported EPS for Pershing Gold Corporation was -0.51 which ended on 31st of December 2017. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.00.
The next earnings report will be: 04-25-2019
The growth of the EPS is critical in understanding the current valuation of Pershing Gold Corporation.
Indicators Also to Watch:
Based on the latest filings, there is 24.20% of institutional ownership.
I calculated the beta to be 0.05
Based on last reported financials, the company’s return on equity is -54.31%, return on assets is -51.05% and price-to-book is 1.20.
Company Score Card:
Results are out of six:
2 : Growth Expectations Result
2 : Financial Safety Result
0 : Past Performance Result
1 : Valuation Result
0 : Dividend Safety Result
1 : Overall Result