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...
The market has been taking a dump the past few days so this play is very risky but here is my take based solely on TA.
Tight stop loss is key in this play if the market doesn't shape up.
*This is not financial advice. Investing involves risk. Please do your own due diligence before investing.
Looks like this is in a bullish trend, we are playing it in the $1.30's. The stoch is crossing and its close to the bottom, it moved above the EMA 30 and the RSI looks like its in a stead climb after breaking resistance.
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...
Chart Details: As the mining sector is hot right now, PZG has caught my attention. It is a relatively new company with an interesting pattern. I am looking for either continuation of the trend above the support line at $2.08. or for it to return to support at $1.82. I think this could be a good play if you jump in at the right moment.
