Paramount Gold Nevada Stock Analysis
| PZG Stock | USD 0.38 0 0.63% |
Paramount Gold Nevada is undervalued with Real Value of 0.71 and Target Price of 1.75. The main objective of Paramount Gold stock analysis is to determine its intrinsic value, which is an estimate of what Paramount Gold Nevada is worth, separate from its market price. There are two main types of Paramount Gold's stock analysis: fundamental analysis and technical analysis.
The Paramount Gold stock is traded in the USA on NYSE MKT Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Paramount Gold's ongoing operational relationships across important fundamental and technical indicators.
Paramount |
Paramount Stock Analysis Notes
About 22.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.72. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Paramount Gold Nevada recorded a loss per share of 0.12. The entity had not issued any dividends in recent years. The firm had 2:1 split on the July 25, 2005. Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States. Paramount Gold Nevada Corp. was founded in 1992 and is headquartered in Winnemucca, Nevada. Paramount Gold operates under Gold classification in the United States and is traded on AMEX Exchange. It employs 7 people. To find out more about Paramount Gold Nevada contact Glen Treek at (775) 625-3600 or learn more at https://paramountnevada.com.Paramount Gold Nevada Investment Alerts
| Paramount Gold has some characteristics of a very speculative penny stock | |
| Paramount Gold had very high historical volatility over the last 90 days | |
| Paramount Gold has high likelihood to experience some financial distress in the next 2 years | |
| Reported Net Loss for the year was (8.06 M) with loss before taxes, overhead, and interest of (686.16 K). | |
| Paramount Gold Nevada has about 824.92 K in cash with (5.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Paramount Gold has a frail financial position based on the latest SEC disclosures | |
| Roughly 22.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from msnbc.com: Some conservative groups think Trumps FCC chairman is going too far |
Paramount Gold Nevada Upcoming and Recent Events
| 9th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Paramount Largest EPS Surprises
Earnings surprises can significantly impact Paramount Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-02-13 | 2023-12-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2023-09-26 | 2023-06-30 | -0.02 | -0.03 | -0.01 | 50 | ||
2023-02-10 | 2022-12-31 | -0.02 | -0.03 | -0.01 | 50 |
Paramount Market Capitalization
The company currently falls under 'Micro-Cap' category with a total capitalization of 25.68 M.Paramount Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.13) | (0.14) | |
| Return On Capital Employed | (0.09) | (0.09) | |
| Return On Assets | (0.13) | (0.14) | |
| Return On Equity | (0.19) | (0.20) |
Management Efficiency
Paramount Gold Nevada has Return on Asset of (0.0701) % which means that on every $100 spent on assets, it lost $0.0701. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2099) %, meaning that it generated no profit with money invested by stockholders. Paramount Gold's management efficiency ratios could be used to measure how well Paramount Gold manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.14. The current Return On Capital Employed is estimated to decrease to -0.09. At this time, Paramount Gold's Other Current Assets are most likely to increase significantly in the upcoming years. The Paramount Gold's current Debt To Assets is estimated to increase to 0.23, while Total Assets are projected to decrease to roughly 45.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.73 | 0.70 | |
| Tangible Book Value Per Share | 0.73 | 0.70 | |
| Enterprise Value Over EBITDA | (9.58) | (10.06) | |
| Price Book Value Ratio | 0.61 | 0.43 | |
| Enterprise Value Multiple | (9.58) | (10.06) | |
| Price Fair Value | 0.61 | 0.43 | |
| Enterprise Value | 18.3 M | 17.6 M |
Evaluating the management effectiveness of Paramount Gold allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Paramount Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Technical Drivers
As of the 25th of March, Paramount Gold holds the Semi Deviation of 3.27, coefficient of variation of 1966.95, and Risk Adjusted Performance of 0.0536. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Paramount Gold, as well as the relationship between them. Please check Paramount Gold Nevada information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Paramount Gold Nevada is priced some-what accurately, providing market reflects its current price of 0.3776 per share. As Paramount Gold Nevada appears to be a penny stock we also advise to check out its total risk alpha numbers.Paramount Gold Nevada Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Paramount Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Paramount Gold Nevada. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Paramount Gold Nevada Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Paramount Gold insiders, such as employees or executives, is commonly permitted as long as it does not rely on Paramount Gold's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Paramount Gold insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Fcmi Parent Co over a year ago Purchase by Fcmi Parent Co of 4300000 shares of Paramount Gold | ||
Rachel Goldman over a year ago Acquisition by Rachel Goldman of 50000 shares of Paramount Gold subject to Rule 16b-3 |
Paramount Gold Outstanding Bonds
Paramount Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Paramount Gold Nevada uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Paramount bonds can be classified according to their maturity, which is the date when Paramount Gold Nevada has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Paramount Gold Predictive Daily Indicators
Paramount Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Paramount Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 0.38 | |||
| Day Typical Price | 0.38 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0) | |||
| Relative Strength Index | 54.97 |
Paramount Gold Forecast Models
Paramount Gold's time-series forecasting models are one of many Paramount Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Paramount Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Paramount Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Paramount Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Paramount shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Paramount Gold. By using and applying Paramount Stock analysis, traders can create a robust methodology for identifying Paramount entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (16.09) | (16.89) | |
| Operating Profit Margin | (14.98) | (15.73) | |
| Net Loss | (18.19) | (19.10) | |
| Gross Profit Margin | 0.89 | 0.79 |
Current Paramount Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Paramount analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Paramount analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 1.75 | Strong Buy | 1 | Odds |
Most Paramount analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Paramount stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Paramount Gold Nevada, talking to its executives and customers, or listening to Paramount conference calls.
Paramount Stock Analysis Indicators
Paramount Gold Nevada stock analysis indicators help investors evaluate how Paramount Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Paramount Gold shares will generate the highest return on investment. By understating and applying Paramount Gold stock analysis, traders can identify Paramount Gold position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 824.9 K | |
| Long Term Debt | 11.5 M | |
| Common Stock Shares Outstanding | 59.9 M | |
| Total Stockholder Equity | 38.2 M | |
| Tax Provision | 33.4 K | |
| Property Plant And Equipment Net | 49.1 M | |
| Cash And Short Term Investments | 5.4 M | |
| Cash | 5.4 M | |
| Accounts Payable | 563.8 K | |
| Net Debt | 6 M | |
| 50 Day M A | 0.3696 | |
| Total Current Liabilities | 683.8 K | |
| Other Operating Expenses | 5.4 M | |
| Non Current Assets Total | 49.6 M | |
| Non Currrent Assets Other | 546.2 K | |
| Stock Based Compensation | 331.1 K |
Complementary Tools for Paramount Stock analysis
When running Paramount Gold's price analysis, check to measure Paramount Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paramount Gold is operating at the current time. Most of Paramount Gold's value examination focuses on studying past and present price action to predict the probability of Paramount Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Gold's price. Additionally, you may evaluate how the addition of Paramount Gold to your portfolios can decrease your overall portfolio volatility.
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