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Paramount Gold Nevada Corp. (PZG) Financials

PZG
FY2026 annual
Revenue Not reported for FY2026
Net Income -$15.6M -71.9% YoY
EPS (Diluted) -$0.19 -46.2% YoY
Operating Cash Flow -$7.3M -16.2% YoY
Market Cap $91.4M as of Oct 17, 2026
Price / Sales n/m no revenue reported
Price / Earnings n/m net loss, so no earnings multiple, FY2026
Price / Book 2.7x on $33.9M equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Sep 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PZG SEC filings page.

This page shows Paramount Gold Nevada Corp. (PZG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PZG FY2026

Paramount's pre-revenue model funds recurring operating losses with external capital while cash needs remain below accounting losses.

By FY2026, financing provided $15.9M while operating cash outflow reached $7.3M, showing that external funding—not operations—supplied the period's cash resources. The share count increased from 46.9M in FY2022 to 86.2M in FY2026 as debt-to-equity rose to 0.8x, indicating that funding has expanded through both shareholder issuance and greater balance-sheet leverage.

The FY2026 net loss was $15.6M versus operating cash outflow of $7.3M; that gap means reported earnings overstate immediate cash consumption, with noncash or non-operating items materially widening the accounting loss.

Short-term liquidity remains more substantial than the loss line alone suggests: current assets were 3.1x current liabilities, while reported cash, equivalents, and investments equaled 16.4 months of the latest annual outflow. Yet total liabilities reached $26.9M against $33.9M of equity, so the balance sheet is becoming more dependent on continued capital access.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Paramount Gold Nevada Corp. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
1/6

Paramount Gold Nevada Corp. passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality No Cash Backing
N/A

Paramount Gold Nevada Corp. reported a net loss of $15.6M while operations used $7.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

Paramount Gold Nevada Corp. reported an operating loss of $8.3M against $1.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

EPS (Diluted)
-$0.02
YoY+50.0%
QoQ+66.7%

Paramount Gold Nevada Corp. earned -$0.02 per diluted share (EPS) in Q4 2026. This represents an increase of 50.0% from the same quarter a year earlier. Against the prior quarter it is up 66.7%.

Revenue

Not reported for Q4 2026.

EBITDA

Not reported for Q4 2026.

Net Income

Not reported for Q4 2026.

Cash & Balance Sheet

Cash & Debt
$9.9M
YoY+635.1%
QoQ-21.8%
5Y CAGR+26.1%
10Y CAGR+5.4%

Paramount Gold Nevada Corp. held $9.9M in cash as of Q4 2026; long-term debt is not reported for that period.

Shares Outstanding
86M
YoY+11.1%
QoQ+0.5%
5Y CAGR+16.3%
10Y CAGR+18.6%

Paramount Gold Nevada Corp. had 86M shares outstanding in Q4 2026. This represents an increase of 11.1% from the same quarter a year earlier. Against the prior quarter it is up 0.5%.

Free Cash Flow

Not reported for Q4 2026.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

None of these metrics is reported for Q4 2026.

Capital Allocation

None of these metrics is reported for Q4 2026.

PZG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PZG quarterly income statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
SG&A ExpensesN/A$386K+62.7%$297K+66.0%$190K+0.7%N/A$237K+58.7%$179K-3.1%$188K+38.2%
Operating IncomeN/A-$2.4M-7.3%-$2.1M-76.2%-$1.5M-8.5%N/A-$2.2M+0.2%-$1.2M+53.3%-$1.4M+30.7%
EBITDAN/A-$2.4M-7.3%-$2.1M-76.1%-$1.5M-8.6%N/A-$2.2M+0.2%-$1.2M+53.4%-$1.4M+30.8%
Interest ExpenseN/A$419K0.0%$427K0.0%$427K0.0%N/A$419K-1.0%$427K+138.6%$427K+222.8%
Net IncomeN/A-$4.9M-87.3%-$4.4M-117.9%-$4.3M-175.1%N/A-$2.6M-44.3%-$2.0M-29.0%-$1.6M+24.2%
EPS (Basic)-$0.02+50.0%-$0.06-50.0%-$0.06-100.0%-$0.06-200.0%-$0.040.0%-$0.04-33.3%-$0.030.0%-$0.02+50.0%
EPS (Diluted)-$0.02+50.0%-$0.06-50.0%-$0.06-100.0%-$0.06-200.0%-$0.040.0%-$0.04-33.3%-$0.030.0%-$0.02
Diluted Shares (Avg)N/A83M+22.4%78M+18.5%76M+17.0%N/A68M+12.3%66M+12.0%65M

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.

PZG Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PZG quarterly balance sheet
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Total Assets$60.8M+16.1%$62.9M+19.6%$53.9M0.0%$54.8M-0.3%$52.4M-7.0%$52.6M-12.1%$53.9M-12.3%$55.0M+0.8%
Current Assets$11.2M+312.3%$13.2M+365.1%$4.2M-0.8%$5.1M-4.1%$2.7M-59.8%$2.8M-63.5%$4.2M-55.4%$5.3M+113.7%
Cash & Equivalents$9.9M+635.1%$12.7M+493.7%$3.5M+3.9%$4.2M-3.0%$1.4M-75.1%$2.1M-69.5%$3.4M-60.3%$4.3M+323.4%
Short-Term Investments$0$0$0$0$0$0$0$0
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$26.9M+42.9%$27.6M+48.6%$25.4M+38.6%$23.3M+30.0%$18.8M+3.5%$18.6M-8.7%$18.3M-11.3%$17.9M+44.0%
Current Liabilities$3.6M+448.7%$4.9M+639.2%$4.1M+781.3%$3.9M+659.9%$660K-3.5%$661K-81.3%$468K-89.0%$509K-95.0%
Non-Current Liabilities$23.3M+28.2%$22.7M+26.9%$21.3M+19.1%$19.4M+11.6%$18.2M+3.7%$17.9M+6.6%$17.8M+8.8%$17.4M+691.5%
Total Equity$33.9M+1.0%$35.3M+3.7%$28.5M-19.9%$31.5M-14.9%$33.6M-12.0%$34.0M-13.9%$35.5M-12.8%$37.1M-11.9%
Retained Earnings-$107.0M-17.0%-$105.1M-18.6%-$100.2M-16.5%-$95.8M-14.1%-$91.4M-11.0%-$88.6M-11.0%-$86.0M-10.3%-$84.0M-9.9%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.

PZG Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PZG quarterly cash flow statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Operating Cash Flow-$2.8M-2.5%-$2.0M-35.6%-$1.4M-56.1%-$1.1M+7.4%-$2.7M-15.3%-$1.5M+2.4%-$895K-42.6%-$1.2M-29.8%
Depreciation & Amortization$897+51.0%$896+278.1%$906+125.4%$907-37.1%$594+75.7%$237-29.7%$402+17.9%$1K+321.6%
Stock-Based CompensationN/A$163K-59.4%$158K+162.0%$22K-64.4%N/A$402K$60K$62K-6.7%
Investing Cash Flow$0+100.0%$0+100.0%N/AN/A-$2K-$100K-100.0%-$51K-$8K
Financing Cash Flow$0-100.0%$11.2M+3239.8%$819K+1314.5%$3.9M+8304.0%$1.9M+153.9%$335K+1131.0%$58K-99.3%$46K-95.7%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

PZG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PZG quarterly financial ratios
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Return on EquityN/A-13.9%-6.2pp-15.5%-9.8pp-13.7%-9.5ppN/A-7.7%-3.1pp-5.7%-1.9pp-4.2%+0.7pp
Return on AssetsN/A-7.8%-2.8pp-8.2%-4.5pp-7.9%-5.0ppN/A-5.0%-1.9pp-3.8%-1.2pp-2.9%+1.0pp
Current Ratio3.08-1.0x2.71-1.6x1.01-7.9x1.32-9.2x4.10-5.8x4.30+2.1x8.94+6.7x10.50+10.3x
Debt-to-Equity0.79+0.2x0.78+0.2x0.89+0.4x0.74+0.3x0.56+0.1x0.550.0x0.520.0x0.48+0.2x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Paramount Gold Nevada Corp. PZG FY2026 N/A -$15.6M N/A $91.4M —
TRX Gold Corporation TRX FY2025 $57.6M $6.6M 11.4% $343.8M 40/100
Vista Gold Corp. VGZ FY2025 $0 -$7.5M N/A $397.0M —
U.S. Gold Corp. USAU FY2026 N/A -$17.2M N/A $195.7M —
Contango Silver & Gold Inc. CTGO FY2025 N/A -$36.1M N/A $510.0M —

Frequently Asked Questions

Is Paramount Gold Nevada Corp. profitable?

No, Paramount Gold Nevada Corp. (PZG) reported a net income of -$15.6M in fiscal year 2026.

What is Paramount Gold Nevada Corp.'s earnings per share (EPS)?

Paramount Gold Nevada Corp. (PZG) reported diluted earnings per share of -$0.19 for fiscal year 2026. This represents a -46.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Paramount Gold Nevada Corp.'s EBITDA?

Paramount Gold Nevada Corp. (PZG) had EBITDA of -$8.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

Paramount Gold Nevada Corp. (PZG) has a return on equity of -45.9% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Paramount Gold Nevada Corp. (PZG) recorded an outflow of $7.3M in operating cash flow during fiscal year 2026, representing cash used by core business activities.

Paramount Gold Nevada Corp. (PZG) had $60.8M in total assets as of fiscal year 2026, including both current and long-term assets.

Paramount Gold Nevada Corp. (PZG) had 86M shares outstanding as of fiscal year 2026.

Paramount Gold Nevada Corp. (PZG) had a current ratio of 3.08 as of fiscal year 2026, which is generally considered healthy.

Paramount Gold Nevada Corp. (PZG) had a debt-to-equity ratio of 0.79 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Paramount Gold Nevada Corp. (PZG) had a return on assets of -25.6% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Paramount Gold Nevada Corp. (PZG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $91.4M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Paramount Gold Nevada Corp. (PZG) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $91.4M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2026, Paramount Gold Nevada Corp. (PZG) held $9.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $7.3M over that year. Dividing the one by the other, the reported balance equals about 16 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Paramount Gold Nevada Corp. (PZG) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Paramount Gold Nevada Corp. (PZG) reported a net loss of $15.6M while operations used $7.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Paramount Gold Nevada Corp. (PZG) reported an operating loss of $8.3M against $1.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

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