Monday, October 16, 2017 10:15 PM ET
Insider at Paramount Gold Nevada (PZG) Makes Significant purchase of Stock Extends the Trend of Last Quarter
One Paramount Gold Nevada insider — Fmci Parent Co, 10% Owner — today, bought 1,075,000 shares having a market value of approximately $1,505,000, as revealed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the acquisition of 165,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 1,240,000 shares and have averaged 248,000 shares per transaction over this time period.
The number of insider buy/sell trades at Paramount Gold Nevada is higher than the 13 peer company average over the last 90-day period. The Gold peer group saw 4 buy/sell trades during this period for an average of 0.3 transactions per company. The number of shares per buy/sell trade for Paramount Gold Nevada insiders was also higher. Within the peer group there were 165,000 shares purchased and 0 shares sold with company insiders having bought 41,250 shares on average.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data obtained to compose and write this story.
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