Roth Capital Assigns Buy On Paramount Gold And Silver, $1.45 PT
In a research report issued yesterday, Roth Capital analyst Joe Reagor assigned a Buy rating on Paramount Gold And Silver (NYSE MKT:PZG) with a price target of $1.45.
Reagor wrote, “On October 15, 2014 PZG announced the discovery of a new mineralized zone at San Miguel. We believe this discovery demonstrates the exploration upside of the project. We are maintaining our $1.45 price target and reiterating our Buy rating.”
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Joe Reagor has a total average return of -19.1% and a 3.3% success rate. Reagor has a -27.2% average return when recommending PZG, and is ranked #3308 out of 3335 analysts.