Roth Capital Reiterates Buy On Paramount Gold And Silver, $1.45 PT
In a research report issued Wednesday, Roth Capital analyst Joe Reagor reiterated a Buy rating on Paramount Gold And Silver (NYSE MKT:PZG) with a price target of $1.45.
Reagor wrote, “On October 21, 2014 PZG announced drill results for its San Miguel project. This step-out drilling at San Francisco could lead to a significant resource expansion, in our view. We continue to believe PZG is a potential takeout candidate and we are maintaining our Buy rating and $1.45 price target.”
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 -14.0% and a 15.6% success rate. Reagor has a -23.8% average return when recommending PZG, and is ranked #3286 out of 3337 analysts.