InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,184.02
(
-0.42%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
-0.66%
)
Bitcoin
60,295.74
(
-2.13%
)
Post# of 4147
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

smallcapplayer

Send PM Follow Ignore
Followers 1
Posts 54
Boards Moderated 0
Alias Born 03/24/2013

smallcapplayer

Re: Steuvin post# 2398

Wednesday, 05/28/2014 8:55:44 AM

Wednesday, May 28, 2014 8:55:44 AM

Post# of 4147
Cantor Fitzgerald/Pershing Gold Corp. (PGLC/OTCQB, $0.35) Buy: Target $0.55

CANTOR FITZGERALD INITIATES COVERAGE WITH A BUY RECOMMENDATION

INVESTMENT THESIS: Pershing Gold Corp is a near-term, Nevada-based gold development company with pedigreed management that will soon re-start production at the Relief Canyon Mine.

VALUATION: We are initiating coverage on Pershing Gold Corp. with a BUY recommendation and a $0.55/share target price. Our target price reflects a 1.0× multiple to our $0.54 per share NAV valuation.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up