Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States. More Details
Imperfect 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: PZG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: PZG's weekly volatility (9%) has been stable over the past year.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: PZG exceeded the US Metals and Mining industry which returned 32.6% over the past year.
Return vs Market: PZG exceeded the US Market which returned 22.7% over the past year.
Long-Term 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
9 months ago | Simply Wall StDid Changing Sentiment Drive Paramount Gold Nevada's (NYSEMKT:PZG) Share Price Down A Worrying 55%?
10 months ago | Simply Wall StHow Much Of Paramount Gold Nevada Corp. (NYSEMKT:PZG) Do Insiders Own?
1 year ago | Simply Wall StCould The Paramount Gold Nevada Corp. (NYSEMKT:PZG) Ownership Structure Tell Us Something Useful?
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 PZG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PZG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PZG is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: PZG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PZG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PZG is good value based on its PB Ratio (0.8x) compared to the US Metals and Mining industry average (1.7x).
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 PZG’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: PZG is currently unprofitable.
Growing Profit Margin: PZG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PZG is unprofitable, and losses have increased over the past 5 years at a rate of 10.7% per year.
Accelerating Growth: Unable to compare PZG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PZG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-12.4%).
Return on Equity
High ROE: PZG has a negative Return on Equity (-14.37%), as it is currently unprofitable.
How is Paramount Gold Nevada's financial position?
Financial Position Analysis
Short Term Liabilities: PZG's short term assets ($5.2M) exceed its short term liabilities ($599.4K).
Long Term Liabilities: PZG's short term assets ($5.2M) do not cover its long term liabilities ($5.6M).
Debt to Equity History and Analysis
Debt Level: PZG's debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PZG's debt to equity ratio has reduced over the past 5 years.
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: PZG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PZG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.3% each year
What is Paramount Gold Nevada current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PZG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PZG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PZG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PZG'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 PZG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rachel Goldman (48 yo)
Ms. Rachel Louise Goldman, CDI.D, serves as Chief Executive Officer at Paramount Gold Nevada Corporation since February 06, 2020 and also serves as its Director since February 2020. Ms. Goldman has vast ex...
CEO Compensation Analysis
Compensation vs Market: Rachel's total compensation ($USD183.07K) is below average for companies of similar size in the US market ($USD561.50K).
Compensation vs Earnings: Insufficient data to compare Rachel's compensation with company performance.
|CEO & Director||0.83yr||US$183.07k||0.044% |
|Chief Financial Officer||10.83yrs||US$241.97k||0.15% |
Experienced Management: PZG's management team is seasoned and experienced (5.8 years average tenure).
|CEO & Director||0.83yr||US$183.07k||0.044% |
|Independent Non-Executive Chairman of the Board||1.17yrs||US$20.00k||0.61% |
|Independent Director||5.83yrs||US$15.00k||0.092% |
|Independent Director||5.83yrs||US$10.00k||0.023% |
|Independent Director||5.83yrs||US$10.00k||0.038% |
|Independent Director||4.25yrs||US$15.00k||0% |
Experienced Board: PZG's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PZG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.2%.
Paramount Gold Nevada Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Paramount Gold Nevada Corp.
- Ticker: PZG
- Exchange: AMEX
- Founded: 1992
- Industry: Gold
- Sector: Materials
- Market Cap: US$39.088m
- Shares outstanding: 34.29m
- 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 g...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 00:13|
|End of Day Share Price||2020/12/02 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.