Paramount Gold Nevada Corp.
Paramount Gold Nevada Corp. is engaged in the exploration and development of gold properties in the United States, primarily in Nevada and Oregon. The company generates revenue through the potential future production and sale of gold from its mineral properties.
Business. Paramount Gold Nevada Corp. (NYSE: PZG) is a metals and mining company engaged in the exploration and development of gold resources. The firm operates within the Basic Materials sector, specifically focusing on mineral resources. Headquarters and detailed operating segment or geographic breakdowns are not specified in the available data. The company is primarily listed on the New York Stock Exchange under the ticker symbol PZG.
Analyst recommendations
1 analysts · consensus BuyAt a glance
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- Company
- EarningsFY 2026 earnings (expected)2026-08-09 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Paramount Gold Nevada Corp. (NYSE: PZG) is a metals and mining company engaged in the exploration and development of gold resources. The firm operates within the Basic Materials sector, specifically focusing on mineral resources. Headquarters and detailed operating segment or geographic breakdowns are not specified in the available data. The company is primarily listed on the New York Stock Exchange under the ticker symbol PZG.
## Capital Structure and Liquidity Paramount Gold Nevada Corp. has a market capitalization of $123.63 million and a price-to-book ratio of 3.5, indicating that the market values the company at a premium to its book value. The company's liquidity position is strong, as evidenced by a current ratio of 2.71, which suggests that it has sufficient current assets to cover its current liabilities. However, the company reported negative operating cash flow of -$4.51 million for the quarter, which could be a concern for its short-term liquidity.
## Profitability and Returns The company's profitability is currently negative, with an operating loss of -$6.03 million and a net loss of -$13.65 million for the quarter. The return on equity (ROE) is -38.67%, and the return on assets (ROA) is -21.7%, both of which are significantly below the industry median for mining companies. The EV/EBITDA ratio is -18.40, indicating that the company is not generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA).
## Segments and Geographic Exposure The company's operations are primarily focused on gold exploration and development in the United States, with specific projects in Nevada and Oregon. The financial statements do not provide a detailed breakdown of revenue by segment or geographic region, but the company's exposure is concentrated in the U.S. mining sector. The company's reliance on a few key projects could pose a risk if those projects do not meet expectations.
## Growth Trajectory The company has not generated any revenues or cash flows from operations to date, and the financial statements have been prepared on a "going concern" basis, which means that the continuation of the company is presumed despite events and conditions that raise substantial doubt about its ability to continue as a going concern. The company's growth trajectory is uncertain, and it may need to secure additional financing to fund its operations and development projects.
## Risk Factors The company faces several risk factors, including the risk of dilution due to potential offerings or equity financing. The financial statements reference going-concern or substantial-doubt language, indicating that the company's ability to meet its obligations is uncertain. The company's reliance on external financing and the potential for dilution could impact its financial stability and shareholder value.
## Recent Events Recent filings include detailed disclosures of purchases of inventory, employee compensation, depreciation, amortization, and depletion expenses. The company has also added a new accounting policy for warrants, which could impact its financial reporting. The company's financial statements have been prepared on a "going concern" basis, which means that the continuation of the company is presumed despite events and conditions that raise substantial doubt about its ability to continue as a going concern.
- Paramount Gold Nevada Corp. is currently unprofitable with negative operating and net income.
- The company's liquidity position is strong, but its negative operating cash flow could be a concern.
- The company's profitability metrics, such as ROE and ROA, are significantly below industry medians.
- The company's operations are concentrated in the U.S. mining sector, with a focus on gold exploration and development.
- The company's financial statements have been prepared on a "going concern" basis, indicating uncertainty about its ability to continue as a going concern.
- The company faces risks related to dilution and the need for additional financing to fund its operations and development projects.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Operating income -$6.0M.
- ▍Operating income -$6.0M
Operating income -$3.7M.
- ▍Operating income -$3.7M
Operating income -$1.5M.
- ▍Operating income -$1.5M
Operating income -$7.0M.
- ▍Operating income -$7.0M
Operating income -$8.5M.
- ▍Operating income -$8.5M
Operating income -$8.5M.
- ▍Operating income -$8.5M
Operating income -$6.2M.
- ▍Operating income -$6.2M
Operating income -$6.2M.
- ▍Operating income -$6.2M
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,11 |
| Revenue | —no estimate | —no estimate | —no estimate |
| Operating income | —no estimate | —no estimate | —no estimate |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Filings reference going-concern or substantial-doubt language.
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · RSU → Common StockDisposed 20 000exercise · 2026-01-26
- Director · RSU → Common StockDisposed 20 000exercise · 2026-01-26
- Director · RSU → Common StockDisposed 20 000exercise · 2026-01-26
- Chief Financial Officer · RSU → Common StockDisposed 88 750exercise · 2026-01-26
- Director, Chief Executive Officer · RSU → Common StockDisposed 88 750exercise · 2026-01-26
- Director · RSU → Common StockAcquired 8 500grant · 2025-12-22
- Director · RSU → Common StockAcquired 8 500grant · 2025-12-22
- Director · RSU → Common StockAcquired 17 000grant · 2025-12-22
- Director · RSU → Common StockAcquired 17 000grant · 2025-12-22
- Director, Chief Executive Officer · RSU → Common StockAcquired 40 000grant · 2025-12-22
- Director, Chief Executive Officer · RSU → Common StockAcquired 40 000grant · 2025-12-22
- Director · RSU → Common StockAcquired 8 500grant · 2025-12-22
- Chief Financial Officer · RSU → Common StockAcquired 40 000grant · 2025-12-22
- Director, Chief Executive Officer · Stock Option → Common StockDisposed 50 000 @ $1,12exercise · 2025-12-17
- Chief Financial Officer · Stock Option → Common StockDisposed 50 000 @ $1,12exercise · 2025-12-17
- Director, Chief Executive Officer · RSU → Common StockDisposed 88 750exercise · 2025-12-11
- Director, Chief Executive Officer · RSU → Common StockDisposed 50 000exercise · 2025-12-11
- Chief Financial Officer · RSU → Common StockDisposed 50 000exercise · 2025-12-11
- Chief Financial Officer · RSU → Common StockDisposed 61 250exercise · 2025-12-11
Physical assets
4 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Grassy Mountain | Other | Gold | United States | Operating company |
| Grassy Mountain | Mine | Gold | United States | Operating company |
| Sleeper | Other | Gold | United States | Operating company |
| Sleeper | Mine | Gold | United States | Operating company |
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Paramount Gold Nevada Corp. company facts · 2026-05-29
- Paramount Gold Nevada Corp. 10-Q 2026-05-12 · 2026-05-29
- Paramount Gold Nevada Corp. 10-Q 2026-02-10 · 2026-05-29
- Paramount Gold Nevada Corp. 10-Q 2025-11-14 · 2026-05-29
- Paramount Gold Nevada Corp. 10-K 2025-09-25 · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2025-12-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2024-06-300,00 %$0M
Insider activity
- Director · Common StockOther 20 000 · 2026-01-26
- Director · Common StockOther 20 000 · 2026-01-26
- Chief Financial Officer · Common StockOther 61 250 · 2026-01-26
- Director, Chief Executive Officer · Common StockOther 88 750 · 2026-01-26
- Director · Common StockOther 20 000 · 2026-01-26
- Chief Financial Officer · Common StockOther 1 724 @ $1,16$2K · 2025-12-17
- Director, Chief Executive Officer · Common StockOther 1 724 @ $1,16$2K · 2025-12-17
- Director, Chief Executive Officer · Common StockOther 88 750 · 2025-12-11
- Chief Financial Officer · Common StockOther 50 000 · 2025-12-11
- Director, Chief Executive Officer · Common StockOther 50 000 · 2025-12-11
- Chief Financial Officer · Common StockOther 61 250 · 2025-12-11
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total assets (YoY) (2025-12-31 vs 2024-12-31): -0.0%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 3.9%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.89xDerived (calculated)
- Current ratio (FY 2025-12-31): 1.01xDerived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 38.6%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -19.9%Derived (calculated)
- Cash & equivalents (annual): USD 3.54MSEC XBRL filing
- Shareholders' equity (annual): USD 28.48MSEC XBRL filing
- Shares outstanding (annual): 79.33MSEC XBRL filing
- Current liabilities (annual): USD 4.13MSEC XBRL filing
- Current assets (annual): USD 4.15MSEC XBRL filing
- Total liabilities (annual): USD 25.38MSEC XBRL filing
- Total assets (annual): USD 53.86MSEC XBRL filing
- Operating income (YoY) (2025-06-30 vs 2024-06-30): 18.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-06-30 vs 2024-06-30): 0.0%Derived (calculated)
- Operating cash flow (YoY) (2025-06-30 vs 2024-06-30): -15.9%Derived (calculated)
- EPS (basic) (YoY) (2025-06-30 vs 2024-06-30): 0.0%Derived (calculated)
- Net income (YoY) (2025-06-30 vs 2024-06-30): -12.3%Derived (calculated)
- Operating income (annual): USD -6.96MSEC XBRL filing
- Pre-tax income (annual): USD -9.03MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -0SEC XBRL filing
- Operating cash flow (annual): USD -6.27MSEC XBRL filing
- Total operating expenses (annual): USD 6.96MSEC XBRL filing
- Net income (annual): USD -9.05MSEC XBRL filing