Paramount Gold Nevada (PZG) AI Stock Analysis

• Market Cap: $26.50M
• Dividend Yield: N/A
• Average Volume (3M): 352.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.24
• Revenue Growth: N/A
• EPS Growth: 0.16%
• Country: US
• Employees: 6
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): -0.13
• Shares Outstanding: 67,602,690
• 10 Day Avg. Volume: 429,744
• 30 Day Avg. Volume: 352,921
• PEG Ratio: N/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 Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall stock score of 43 reflects Paramount Gold Nevada's substantial financial difficulties, notably the absence of revenue and continuous losses. While the debt-free status provides some balance sheet strength, the lack of profitability and negative cash flows are major concerns. Technical indicators suggest slight positive momentum, but valuation metrics highlight significant risks.

Paramount Gold Nevada Business Overview & Revenue Model

Company Description

Paramount 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 Money

Paramount 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.

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.

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.

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
936.43K	5.42M	824.92K	2.48M	3.11M	5.43M
	Total Assets
31.87M	56.36M	54.31M	56.01M	54.00M	53.91M
	Total Debt
16.32M	11.46M	5.85M	4.22M	4.16M	5.29M
	Net Debt
15.39M	6.03M	5.03M	1.74M	1.05M	-142.22K
	Total Liabilities
17.59M	18.21M	11.47M	9.61M	6.65M	6.83M
	Stockholders Equity
14.28M	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

• Technical Analysis Sentiment: Positive
• Last Price: 0.39
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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 0.39 is above the 20-day moving average (MA) of 0.38, 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 56.63 is Neutral, neither overbought nor oversold. The STOCH value of 54.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PZG.

Paramount Gold Nevada Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTGO	64 Neutral	$165.11M	―	-9999.00%	―	―	33.87%
Sector *	49 Neutral	$1.93B	-1.63	-22.26%	3.87%	0.68%	-27.45%
IDR	45 Neutral	$244.19M	26.64	31.88%	―	88.66%	619.17%
PZG	43 Neutral	$26.50M	―	-20.99%	―	―	0.16%
HYMC	39 Underperform	$89.44M	―		―	―	1.67%
GORO	36 Underperform	$45.58M	―	-91.15%	―	-34.57%	-238.18%