Sprott Inc. Grows Position in Paramount Gold Nevada Corp. (NYSEAMERICAN:PZG)

Sprott Inc. grew its holdings in shares of Paramount Gold Nevada Corp. (NYSEAMERICAN:PZG) by 58.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,751,883 shares of the basic materials company’s stock after acquiring an additional 648,464 shares during the quarter. Sprott Inc. owned about 2.65% of Paramount Gold Nevada worth $599,000 at the end of the most recent quarter.

Separately, Geode Capital Management LLC lifted its holdings in shares of Paramount Gold Nevada by 57.5% during the 3rd quarter. Geode Capital Management LLC now owns 539,967 shares of the basic materials company’s stock worth $218,000 after acquiring an additional 197,113 shares during the last quarter. Institutional investors and hedge funds own 4.51% of the company’s stock.

Paramount Gold Nevada Trading Down 2.0 %

Shares of NYSEAMERICAN:PZG opened at $0.35 on Wednesday. The firm has a market capitalization of $23.46 million, a P/E ratio of -2.89 and a beta of 1.92. The company has a quick ratio of 8.94, a current ratio of 8.94 and a debt-to-equity ratio of 0.43. Paramount Gold Nevada Corp. has a 52-week low of $0.30 and a 52-week high of $0.69.

Paramount Gold Nevada Company Profile

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 deposits. It holds principal interest in the Sleeper gold project, which comprises 2,474 unpatented mining claims totaling approximately 44,917 acres located in Humbolt County, Nevada.