Pershing Gold Co. (TSE:PGLC – Get Free Report) traded down 11.6% on Monday . The stock traded as low as C$1.64 and last traded at C$1.68. 6,500 shares were traded during mid-day trading, a decline of 14% from the average session volume of 7,601 shares. The stock had previously closed at C$1.90.
Pershing Gold Price Performance
The company has a market cap of C$56.59 million and a price-to-earnings ratio of -3.19. The company has a current ratio of 0.57, a quick ratio of 0.35 and a debt-to-equity ratio of 6.90. The firm’s 50 day moving average price is C$1.68.
About Pershing Gold
As of April 3, 2019, Pershing Gold Corporation was acquired by Americas Silver Corporation. 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.
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