AMEX:PZG

Stock Analysis Report

Paramount Gold Nevada

Executive Summary

Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

-4.6%

PZG

0.7%

US Metals and Mining

1.8%

US Market


1 Year Return

-37.9%

PZG

-9.4%

US Metals and Mining

7.3%

US Market

Return vs Industry: PZG underperformed the US Metals and Mining industry which returned -9.4% over the past year.

Return vs Market: PZG underperformed the US Market which returned 7.3% over the past year.


Shareholder returns

PZGIndustryMarket
7 Day-4.6%0.7%1.8%
30 Day-7.9%-4.4%-0.7%
90 Day-26.4%-7.6%0.06%
1 Year-37.9%-37.9%-6.7%-9.4%9.7%7.3%
3 Year-60.2%-60.2%7.6%2.0%46.3%36.9%
5 Yearn/a-2.7%-10.0%64.5%46.5%

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

Valuation

Is Paramount Gold Nevada undervalued compared to its fair value and its price relative to the market?

0.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate PZG's fair value to establish if it is undervalued.

Significantly Undervalued: 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 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

Low 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 (0.4x) compared to the US Metals and Mining industry average (1.4x).


Next Steps

Future Growth

How is Paramount Gold Nevada forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

28.7%

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.


Next Steps

Past Performance

How has Paramount Gold Nevada performed over the past 5 years?

-6.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PZG is unprofitable, and losses have increased over the past 5 years at a rate of -6.1% 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 (26.6%).


Return on Equity

High ROE: PZG has a negative Return on Equity (-12.61%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: PZG is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: PZG is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Paramount Gold Nevada's financial position?


Financial Position Analysis

Short Term Liabilities: PZG's short term assets ($812.5K) do not cover its short term liabilities ($1.1M)

Long Term Liabilities: PZG's short term assets (812.5K) do not cover its long term liabilities (868.4K)


Debt to Equity History and Analysis

Debt Level: PZG is debt free.

Reducing Debt: PZG has no debt compared to 5 years ago when its debt to equity ratio was 99.1%.


Balance Sheet

Inventory Level: PZG has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PZG's debt is covered by short term assets.


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 -17.1% each year


Next Steps

Dividend

What is Paramount Gold Nevada's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate PZG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PZG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

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.


Next Steps

Management

What is the CEO of Paramount Gold Nevada's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average board tenure


CEO

Glen Van Treek (54yo)

4.7yrs

Tenure

US$247,419

Compensation

Mr. Glen Alex Van Treek has been the Chief Executive Officer President and Director of Paramount Gold Nevada Corp. since February 2015. Mr. Van Treek served as Vice President of Exploration and Chief Opera ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Glen's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Glen's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

4.7yrs

Average Tenure

55yo

Average Age

Experienced Board: PZG's board of directors are considered experienced (4.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Chris Theodossiou

    Director of Corporate Communications

    • Tenure: 0yrs
  • Carlo Buffone (48yo)

    Chief Financial Officer

    • Tenure: 9.7yrs
    • Compensation: US$247.42k
  • Glen Van Treek (54yo)

    CEO, President & Director

    • Tenure: 4.7yrs
    • Compensation: US$247.42k

Board Members

  • Rudi Fronk (60yo)

    Independent Non-Executive Chairman of the Board

    • Tenure: 0yrs
    • Compensation: US$20.00k
  • Chris Reynolds (55yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$29.82k
  • Eliseo Gonzalez-Urien (78yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$24.82k
  • John Carden (71yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$24.82k
  • Pierre Pelletier (50yo)

    Independent Director

    • Tenure: 3.1yrs
    • Compensation: US$29.82k
  • Glen Van Treek (54yo)

    CEO, President & Director

    • Tenure: 4.7yrs
    • Compensation: US$247.42k
  • John Seaberg (51yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$382.52k

Company Information

Paramount Gold Nevada Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Paramount Gold Nevada Corp.
  • Ticker: PZG
  • Exchange: AMEX
  • Founded: 1992
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: US$19.884m
  • Shares outstanding: 27.62m
  • Website: https://www.paramountnevada.com

Number of Employees


Location

  • Paramount Gold Nevada Corp.
  • 665 Anderson Street
  • Winnemucca
  • Nevada
  • 89445
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PZGAMEX (NYSE MKT LLC)YesCommon StockUSUSDApr 2015
P9GDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2015

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 00:30
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.