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Pershing Gold Corp (NASDAQ:PGLC)

Pershing Gold Corp (NASDAQ:PGLC) Business Description

Symbol(s): NASDAQ:PGLC
Industry: Gold Mining
Website: www.pershinggold.com
eMail: investors@pershinggold.com

Pershing Gold Corp (NASDAQ:PGLC) is a US-based Gold mining company. It’s a junior late stage development company mainly focused on exploration and development of mineral properties in Nevada, USA. The company has ownership of the Relief Canyon property which is located in Nevada, USA.

Pershing Gold Corp (NASDAQ:PGLC) has about 0.8 million ounces of gold reserves & resources.

Pershing Gold Corp has US$9.7 million cash and no debt. The company has 33.677 million shares outstanding and currently has a fully diluted market capitalization of US$39.065 million. The stocks of Pershing Gold Corp trade on Toronto Stock Exchange.

Pershing Gold Corp (NASDAQ:PGLC) Share Price Chart


Pershing Gold Corp (NASDAQ:PGLC) Technical Data
Last Updated: April 1, 2019

Share Price:
US$1.16 (3/29/2019 16:00:01)
Volume:
0 (3/29/2019 16:00:01)
Stock Price 52 Week High:
US$2.11
Stock Price 52 Week Low:
US$0.8
Change from 52 Week Low:
44.999%
Change from 52 Week High:
-45.024%
Beta
0.06
Average Volume:
82381

Pershing Gold Corp (NASDAQ:PGLC) Financial Analysis

Share Price:
US$1.16 (3/29/2019 16:00:01)
Shares Outstanding:
33.68 million
Market Capitalization:
US$39.07 million
Cash:
US$9.7 million
Total Debt:
US$0 million
Enterprise Value:
US$29.365 million
Earnings Per Share:
-0.5
Price to Earning (P/E) Ratio:
#N/A

Pershing Gold Corp (NASDAQ:PGLC) Gold Resources

Total Reserves & Resources:
0.8 million ounce
Plausible Reserves & Resources:
0.52 million ounce
Future Cash Cost Per Ounce:
US$750
Future All-in Sustaining Cost Per Ounce:
US$1150
Future Annual Production:
50000 ounce

Pershing Gold Corp (NASDAQ:PGLC) Valuation by Resource

Gold Equivalent Resources:
0.8 million ounce
Silver Equivalent Resources:
68.3 million ounce ***
Enterprise Value Per Gold Ounce:
US$36.707
Enterprise Value Per Silver Ounce:
US$0.43
Gold Equivalent Resources per FD share:
0.024 ounce
Silver Equivalent Resources per FD share:
2.027 ounce

*** Gold to silver ratio of 85.35 was used in the calculation of silver equivalent resources

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