| Pershing Gold is a gold and precious metals exploration company pursuing exploration, development and mining opportunities primarily in Nevada. Co. is focused on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. None of Co.'s properties contain proven and probable reserves, and its activities on several of its properties are exploratory in nature. We show 19 historical shares outstanding datapoints in our PGLC shares outstanding history coverage, used to compute PGLC market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PGLC market cap history over the course of time is important for investors
interested in comparing PGLC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PGLC versus a peer is one thing; comparing
PGLC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PGLC can fluctuate over the course of history.
With this page we aim to empower investors researching PGLC by allowing them to research the PGLC market cap history.