Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States.
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Mediocre balance sheet and overvalued.
Share Price & News
How has Paramount Gold Nevada's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: P9G's share price has been volatile over the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: P9G exceeded the German Metals and Mining industry which returned -51.9% over the past year.
Return vs Market: P9G exceeded the German Market which returned -17.5% over the past year.
Price Volatility Vs. Market
How volatile is Paramount Gold Nevada's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Paramount Gold Nevada undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate P9G's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate P9G's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: P9G is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: P9G is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate P9G's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: P9G is good value based on its PB Ratio (0.4x) compared to the DE Metals and Mining industry average (2x).
How is Paramount Gold Nevada forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Paramount Gold Nevada has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of P9G’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Paramount Gold Nevada competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Paramount Gold Nevada performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: P9G is currently unprofitable.
Growing Profit Margin: P9G is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: P9G is unprofitable, and losses have increased over the past 5 years at a rate of -7.9% per year.
Accelerating Growth: Unable to compare P9G's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: P9G is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-11.9%).
Return on Equity
High ROE: P9G has a negative Return on Equity (-15.17%), as it is currently unprofitable.
How is Paramount Gold Nevada's financial position?
Financial Position Analysis
Short Term Liabilities: P9G's short term assets ($3.2M) exceed its short term liabilities ($515.5K).
Long Term Liabilities: P9G's short term assets ($3.2M) do not cover its long term liabilities ($5.8M).
Debt to Equity History and Analysis
Debt Level: P9G's debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: P9G's debt to equity ratio has reduced from 114.4% to 11.6% over the past 5 years.
Inventory Level: P9G has a high level of physical assets or inventory.
Debt Coverage by Assets: P9G's debt is not covered by short term assets (assets are 0.6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: P9G has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: P9G has less than a year of cash runway if free cash flow continues to reduce at historical rates of -21.6% each year
What is Paramount Gold Nevada's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate P9G's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate P9G's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if P9G's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if P9G's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of P9G's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ms. Rachel Goldman, CDI.D, serves as Chief Executive Officer and Director at Paramount Gold Nevada Corporation since February 2020. Ms. Goldman brings 20 years of experience in institutional sales, most re ...
|Chief Financial Officer||10.08yrs||US$200.00k||0.18% $29.9k|
|CEO & Director||0.083yr||no data||no data|
|Director of Corporate Communications||no data||no data||no data|
Experienced Management: P9G's management team is seasoned and experienced (5.1 years average tenure).
|CEO & Director||0.083yr||no data||no data|
|Independent Non-Executive Chairman of the Board||0.42yr||US$10.00k||0.72% $118.5k|
|Independent Director||5.08yrs||US$15.00k||0.11% $18.8k|
|Independent Director||5.08yrs||US$10.00k||0.029% $4.8k|
|Independent Director||5.08yrs||US$10.00k||0.047% $7.7k|
|Independent Director||3.5yrs||US$15.00k||no data|
Experienced Board: P9G's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.1%.
Paramount Gold Nevada Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Paramount Gold Nevada Corp.
- Ticker: P9G
- Exchange: DB
- Founded: 1992
- Industry: Gold
- Sector: Materials
- Market Cap: US$18.333m
- Listing Market Cap: US$16.535m
- Shares outstanding: 27.78m
- Website: https://www.paramountnevada.com
Number of Employees
- Paramount Gold Nevada Corp.
- 665 Anderson Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PZG||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Apr 2015|
|P9G||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 2015|
Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States. The company primarily explores for gold and silver ores. It holds interests in the Sleeper gold project with 2,322 unpatented mining claims totaling approximately 38,300 acres located in Humbolt County, Nevada; and the Grassy Mountain gold project with 442 unpatented lode claims and 3 patented lode claims covering approximately 9,300 acres located in Malheur County, Oregon. The company was founded in 1992 and is headquartered in Winnemucca, Nevada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 00:44|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.