Paramount Gold and Silver Corp. (AMEX:PZG) increased 5.08%, to close at $3.93 and its overall traded volume was 2.64M shares during the last session against its average volume of 2.56M. PZG opened the day at $3.68, it made an intraday low of $3.55 and an intraday high of $3.95. The stock has a 52 week low of $1.15 and 52 week high of $4.29. PZG’s market capitalization is 519.06M 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).