Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Seabridge Gold Inc Breaks Below 200-Day Moving Average - Notable for SA
Monday, September 9, 4:17 PM ET, by Market News Video Staff
In trading on Monday, shares of Seabridge Gold Inc (SA) crossed below their 200 day ...
Gold Explorers Getting Very Oversold
Tuesday, October 1, 10:56 AM ET, by Market News Video Staff
In trading on Tuesday, shares of the Gold Explorers ETF (GLDX) entered into oversold territory, ...
Seabridge Gold Inc Stock Getting Very Oversold
Thursday, November 7, 4:20 PM ET, by Market News Video Staff
In trading on Thursday, shares of Seabridge Gold Inc (SA) entered into oversold territory, changing ...
Shares of SA Now Oversold
Monday, December 2, 4:14 PM ET, by Market News Video Staff
In trading on Monday, shares of Seabridge Gold Inc (SA) entered into oversold territory, changing ...
Shares of PZG Now Oversold
Tuesday, December 31, 11:42 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Paramount Gold & Silver Corp (PZG) entered into oversold ...
Top Buys by Directors: Crupi's $169.4K Bet on PZG
By Metals Channel Staff, Friday, September 28, 1:35 PM ET
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $169.4K invested across 3 purchases by Christopher Crupi, CEO at Paramount Gold & Silver Corp (AMEX:PZG).
Crupi bets big on PZG:
Crupi's average cost works out to $2.26/share. Shares of Paramount Gold & Silver Corp were changing hands at $2.67 at last check, trading off about 1.1% on Friday. The chart below shows the one year performance of PZG shares, versus its 200 day moving average:
Looking at the chart above, PZG's low point in its 52 week range is $1.95 per share, with $3.06 as the 52 week high point — that compares with a last trade of $2.67.
According to the ETF Finder at ETF Channel, PZG makes up 4.18% of the Gold Explorers ETF (AMEX:GLDX) which is trading lower by about 0.4% on the day Friday.
See what other ETFs contain PZG »
See what other stocks are held by GLDX »
Special Offer: Small cap value stocks have outperformed the markets since the end of the recession — see what you've been missing with this free 30 day trial
This Article's Word Cloud: