Paramount Gold Up 18% Today, Extending Last Week's Rally

Paramount Gold and Silver Corp. (PZG) is extending its gains from last week, adding another 18% this morning following a 40% jump on Friday.

Paramount shares surged $0.75 to 2.59 on Friday, after a new Dahlman Rose analyst report earlier in the week valued the miner at $13 per share, citing the potential of its wholly owned San Miguel mine in Mexico and the Sleeper Mine in Nevada.