Paramount Gold Nevada Stock Fundamentals
| PZG Stock | USD 0.34 0.01 2.57% |
Paramount Gold Nevada fundamentals help investors to digest information that contributes to Paramount Gold's financial success or failures. It also enables traders to predict the movement of Paramount Stock. The fundamental analysis module provides a way to measure Paramount Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Paramount Gold stock.
At this time, Paramount Gold's Depreciation And Amortization is most likely to increase significantly in the upcoming years. The Paramount Gold's current Total Operating Expenses is estimated to increase to about 6.1 M, while Gross Profit is forecasted to increase to (553.6 K). Paramount | Select Account or Indicator |
Paramount Gold Nevada Company Return On Equity Analysis
Paramount Gold's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Paramount Gold Return On Equity | -0.21 |
Most of Paramount Gold's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Paramount Gold Nevada is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Paramount Total Stockholder Equity
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Based on the latest financial disclosure, Paramount Gold Nevada has a Return On Equity of -0.2099. This is 123.07% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all United States stocks is 32.29% lower than that of the firm.
Paramount Gold Nevada Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Paramount Gold's current stock value. Our valuation model uses many indicators to compare Paramount Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Paramount Gold competition to find correlations between indicators driving Paramount Gold's intrinsic value. More Info.Paramount Gold Nevada is regarded fifth in return on equity category among its peers. It is regarded fourth in return on asset category among its peers . At this time, Paramount Gold's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Paramount Gold by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Paramount Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Paramount Gold's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Paramount Gold could also be used in its relative valuation, which is a method of valuing Paramount Gold by comparing valuation metrics of similar companies.Paramount Gold is currently under evaluation in return on equity category among its peers.
Paramount Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Paramount Gold from analyzing Paramount Gold's financial statements. These drivers represent accounts that assess Paramount Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Paramount Gold's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 34.2M | 34.5M | 18.6M | 15.3M | 13.8M | 15.7M | |
| Enterprise Value | 34.1M | 35.5M | 20.4M | 20.4M | 18.3M | 17.6M |
Paramount Fundamentals
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.0701 | ||||
| Current Valuation | 32.07 M | ||||
| Shares Outstanding | 67.6 M | ||||
| Shares Owned By Insiders | 20.38 % | ||||
| Shares Owned By Institutions | 11.13 % | ||||
| Number Of Shares Shorted | 96.98 K | ||||
| Price To Earning | (4.35) X | ||||
| Price To Book | 0.67 X | ||||
| Price To Sales | 573.42 X | ||||
| Gross Profit | (686.16 K) | ||||
| EBITDA | (3.81 M) | ||||
| Net Income | (8.06 M) | ||||
| Cash And Equivalents | 824.92 K | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 11.46 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 4.97 X | ||||
| Book Value Per Share | 0.53 X | ||||
| Cash Flow From Operations | (5.41 M) | ||||
| Short Ratio | 1.03 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Target Price | 1.2 | ||||
| Beta | 1.92 | ||||
| Market Capitalization | 23.46 M | ||||
| Total Asset | 56.36 M | ||||
| Retained Earnings | (82.38 M) | ||||
| Working Capital | 6.06 M | ||||
| Current Asset | 7.44 M | ||||
| Current Liabilities | 559.9 K | ||||
| Net Asset | 56.36 M |
About Paramount Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Paramount Gold Nevada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Paramount Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Paramount Gold Nevada based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | (843.50) | (885.67) | |
| Cost Of Revenue | 582.7 K | 611.9 K | |
| Stock Based Compensation To Revenue | 1.68 | 0.90 | |
| Sales General And Administrative To Revenue | 10.27 | 7.35 | |
| Capex To Revenue | 0.24 | 0.23 | |
| Revenue Per Share | 0.01 | 0.01 | |
| Ebit Per Revenue | (14.98) | (15.73) |
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When determining whether Paramount Gold Nevada is a strong investment it is important to analyze Paramount Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paramount Gold's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:Check out Paramount Gold Piotroski F Score and Paramount Gold Altman Z Score analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Gold. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.12) | Revenue Per Share | Quarterly Revenue Growth (0.55) | Return On Assets | Return On Equity |
The market value of Paramount Gold Nevada is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Gold's value that differs from its market value or its book value, called intrinsic value, which is Paramount Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Gold's market value can be influenced by many factors that don't directly affect Paramount Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.