Pershing Gold Corp. (PGLC): Barry C Honig , director 10% owner of Pershing Gold Corp. purchased 150,000 shares on May 18, 2016. The Insider buying transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.70 per share for a total value of $555,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Barry C Honig (director 10% owner) purchased 205,479 shares at $3.65 per share price.On May 10, 2016, Gamma Investments Trust Frost (10% owner) sold 3,037,369 shares at $3.65 per share price.Also, On Apr 19, 2016, Alex G Morrison (director) sold 55,556 shares at $3.82 per share price.
Shares of Pershing Gold Corp (PGLC) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -2.26% at $4.33 with 2,22,305 shares getting traded. Post opening the session at $4.54, the shares hit an intraday low of $4.2 and an intraday high of $4.54 and the price vacillated in this range throughout the day. The company has a market cap of $113 M and the number of outstanding shares has been calculated to be 2,61,06,654 shares. The 52-week high of Pershing Gold Corp is $6.299949 and the 52-week low is $3.04.
Pershing Gold Corporation is a gold and precious metals exploration company pursuing exploration development and mining opportunities primarily in Nevada. The Company is focused on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. All of the Company’s activities on all of its properties are exploratory in nature. The Company operates its business directly and also through its wholly owned subsidiary Gold Acquisition Corp. Gold Acquisition Corp. owns and is conducting exploration on the Relief Canyon Mine property in northwestern Nevada. Pershing Gold Corporation owns directly and is conducting exploration on the Relief Canyon expansion properties adjacent to the Relief Canyon Mine property.