Paramount Gold and Silver Corp. (AMEX:PZG) fell -2.49%, currently trading at $3.53 and its overall traded volume is 895,450.00 shares while reporting at 11:00 AM on Tuesday, with the total traded volume of 2.32M shares. PZG opened at $3.68 and is trading within the range of $3.51-$3.73. The 52-week range of the stock is $1.15-$4.29. The market capitalization of the company stands at 466.23M and it has 132.08M outstanding shares.Paramount Gold and Silver Corp. (Paramount) is an exploration-stage mining company. Through its wholly owned Mexican subsidiary, Paramount Gold de Mexico S.A. de C.V., the Company owns a 100% interest in the San Miguel property. The San Miguel Project is located in southwestern Chihuahua in Northern Mexico. The project is about 20 kilometers north of the town of Temoris, adjacent to the village of Guazapares. It is in the Guazapares mining district, which is part of the Sierra Madre Occidental gold-silver belt. The San Miguel project consists of 17 smaller concessions clustered near Guazapares, Chihuahua with a total area of 427.17 hectares, plus the much larger Andrea, Gissel and Isabel concessions. The Company also own Guazapares concession, which consists of 1980 hectares. On August 23, 2010, the Company acquired all of the issued and outstanding shares of X-Cal Resources Ltd. (X-Cal).
New Gold Inc. (USA) (AMEX:NGD) percentage change dropped -1.16%, currently trading at $8.53 and its overall traded volume is 821,855.00 shares while reporting at 11:00 AM on Tuesday, against its average volume of 2.26M. NGD opened at $8.68 and is trading within the range of $8.52-$8.72. The stock has a 52 week low of $3.87 and 52 week high of $10.29. The market capitalization of the company stands at 3.34B and it has 391.94M outstanding shares.New Gold Inc. (New Gold) is an intermediate gold producer with a portfolio of global assets in the United States, Mexico, Australia, Canada, Chile and Brazil. The Companys operating assets consist of the Mesquite gold mine (Mesquite Mine) in the United States, the Cerro San Pedro gold-silver mine (Cerro San Pedro Mine) in Mexico, and the Peak gold-copper mine (Peak Mine) in Australia. In June 2009, New Gold completed its business combination with Western Goldfields Inc., pursuant to which New Gold acquired all of the issued and outstanding common shares of Western Goldfields. In February 2010, Goldcorp, Inc. announced the acquisition of a 70% interest in the El Morro project, an advanced-stage, copper-gold project located in north-central Chile, Atacama Region. Pursuant to an agreement, El Morro is owned 70% by a subsidiary of Goldcorp, Inc. and 30% by a subsidiary of New Gold Inc.
