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Paramount Gold Nevada Corp (PZG)
:PZG
RESEARCH TOOLSreports
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Paramount Gold Nevada
(NYSE MKT:PZG)
38Underperform
Paramount Gold Nevada (PZG) vs. S&P 500 (SPY)
Market Cap
$25.42M
Dividend YieldN/A
Average Volume (3M)241.07K
Price to Earnings (P/E)―
Beta (1Y)0.32
Revenue GrowthN/A
EPS Growth0.16%
CountryUS
Employees6
SectorBasic Materials
Sector Strength59
IndustryGold
Share Statistics
EPS (TTM)-0.13
Shares Outstanding67,602,690
10 Day Avg. Volume431,229
30 Day Avg. Volume241,072
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-7.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Paramount Gold Nevada Business Overview & Revenue Model
Company DescriptionParamount Gold Nevada Corp. is a U.S.-based precious metals exploration and development company primarily focused on gold and silver deposits. The company is engaged in the acquisition, exploration, and development of mineral properties, with its primary projects located in the state of Nevada. Paramount Gold Nevada aims to identify and advance high-quality precious metal projects to production, thereby enhancing shareholder value.
How the Company Makes MoneyParamount Gold Nevada makes money through the exploration, development, and eventual sale or joint venture of its mineral properties. The company's primary revenue streams include the sale of gold and silver ore, as well as potential royalties or profit-sharing agreements from the development of its mining projects. Paramount may also engage in strategic partnerships or joint ventures with larger mining companies to advance its projects towards production, thereby securing funding and sharing the financial risks associated with mining operations. Additionally, the company may raise capital through equity financing to support its exploration and development activities.
Paramount Gold Nevada Financial Statement Overview
Summary
Paramount Gold Nevada is facing substantial financial challenges with no revenue generation, consistent losses, and negative cash flows. The balance sheet shows some resilience due to a lack of debt, but declining equity and asset values raise concerns about financial health. Strategic actions are necessary to transition from loss-making operations to sustainable profitability.Income Statement
Paramount Gold Nevada has not generated any revenue in recent periods, indicating a challenging operational environment. The company consistently reports negative net income and EBIT, reflecting ongoing losses. The gross profit margin is also negative, which is typical for a company with no revenue and high operational costs. These factors highlight substantial profitability issues and a need for strategic changes to improve financial performance.20
Very Negative
Balance Sheet
The company has maintained a healthy equity position with no reported debt in the latest period, suggesting financial stability. However, declining stockholders' equity and a shrinking asset base over time indicate potential financial deterioration. Despite these concerns, the absence of debt reduces financial risk and leverage, providing some balance sheet strength.45
Neutral
Cash Flow
Operating cash flow remains negative, reflecting ongoing cash burn and insufficient cash generation from core operations. However, recent improvements in free cash flow indicate some progress towards managing capital expenditures and financing activities. Despite this, sustained negative cash flow is a significant concern for long-term liquidity.30
Negative
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 330.26K | 728.91K | Gross Profit |
| -734.24K | -647.50K | -1.24M | -2.17K | 327.75K | 726.36K | EBIT |
| -5.42M | -5.44M | -2.39M | -7.16M | -5.50M | -6.04M | EBITDA |
| -5.43M | -3.81M | -5.76M | -7.31M | -5.77M | -5.96M | Net Income Common Stockholders |
| -8.01M | -8.06M | -6.45M | -7.84M | -6.68M | -7.55M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 3.41M | 5.42M | 824.92K | 2.48M | 3.11M | 5.43M | Total Assets |
| 53.86M | 56.36M | 54.31M | 56.01M | 54.00M | 53.91M | Total Debt |
| 11.54M | 11.46M | 5.85M | 4.22M | 4.16M | 5.29M | Net Debt |
| 8.14M | 6.03M | 5.03M | 1.74M | 1.05M | -142.22K | Total Liabilities |
| 18.32M | 18.21M | 11.47M | 9.61M | 6.65M | 6.83M | Stockholders Equity |
| 35.55M | 38.16M | 42.84M | 46.40M | 47.35M | 47.08M |
| Cash Flow | Free Cash Flow | ||||
| -3.93M | -5.51M | -5.33M | -6.75M | -6.04M | -5.15M | Operating Cash Flow |
| -3.88M | -5.41M | -5.25M | -6.70M | -5.96M | -5.15M | Investing Cash Flow |
| -109.10K | -100.00K | -126.70K | -47.72K | -87.50K | -4.72K | Financing Cash Flow |
| 886.70K | 10.11M | 3.72M | 6.12M | 3.72M | 10.12M |
Paramount Gold Nevada Technical Analysis
Positive
0.38
Price Trends
0.37
Positive
0.37
Positive
0.40
Negative
Market Momentum
<0.01
Negative
54.86
Neutral
28.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PZG, the sentiment is Positive. The current price of 0.38 is above the 20-day moving average (MA) of 0.37, above the 50-day MA of 0.37, and below the 200-day MA of 0.40, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.86 is Neutral, neither overbought nor oversold. The STOCH value of 28.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PZG.
Paramount Gold Nevada Risk Analysis
Paramount Gold Nevada disclosed 31 risk factors in its most recent earnings report. Paramount Gold Nevada reported the most risks in the “Production” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Paramount Gold Nevada Peers Comparison
Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $415.30M | 3.61 | -8.76% | ― | 4.96% | -182.95% | |
48 Neutral | $197.49M | ― | -6.34% | ― | ― | -5.56% | |
47 Neutral | $2.66B | -3.11 | -22.17% | 3.33% | 3.66% | -28.13% | |
46 Neutral | $51.55M | ― | -57.78% | ― | -33.14% | -170.75% | |
38 Underperform | $25.42M | ― | -20.99% | ― | ― | 0.16% | |
38 Underperform | C$1.69B | ― | -3.92% | ― | ― | 63.45% | |
31 Underperform | $1.41B | ― | 96.21% | ― | ― | 1.74% |
* Basic Materials Sector Average
Performance Comparison
PZG
Paramount Gold Nevada
0.38
-0.06
-13.64%
GORO
Gold Resource
0.54
0.05
10.20%
MUX
McEwen Mining
7.70
-2.90
-27.36%
TSE:NG
Novagold Resources New
4.22
-0.08
-1.86%
TSE:SEA
Seabridge Gold
16.85
-4.67
-21.70%
TSE:ITH
International Tower Hill Mines
0.93
0.01
1.09%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.