Pershing Gold Corp (PGLC) is Reiterated by Noble Financial to Buy, Raises Price Target to $ 5.50

Pershing Gold Corp (PGLC) was Reiterated by Noble Financial to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 5.50 from a previous price target of $4.50 . Noble Financial advised their investors in a research report released on Jun 30, 2016.

Pershing Gold Corp closed down -0.09 points or -2.09% at $4.22 with 5,31,964 shares getting traded on Wednesday. Post opening the session at $4.5, the shares hit an intraday low of $4.15 and an intraday high of $4.5 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Apr 19, 2016, Alex G Morrison (director) sold 55,556 shares at $3.82 per share price.

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.

Pershing Gold Corp

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