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.
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).
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
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
Financial Health Signals
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.
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).
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.
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
Earnings & Revenue
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%.
Not reported for Q4 2026.
Not reported for Q4 2026.
Not reported for Q4 2026.
Cash & Balance Sheet
Paramount Gold Nevada Corp. held $9.9M in cash as of Q4 2026; long-term debt is not reported for that period.
Not reported for Q4 2026.
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.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | N/A | $386K+62.7% | $297K+66.0% | $190K+0.7% | N/A | $237K+58.7% | $179K-3.1% | $188K+38.2% |
| Operating Income | N/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% |
| EBITDA | N/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 Expense | N/A | $419K0.0% | $427K0.0% | $427K0.0% | N/A | $419K-1.0% | $427K+138.6% | $427K+222.8% |
| Net Income | N/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/A | 83M+22.4% | 78M+18.5% | 76M+17.0% | N/A | 68M+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.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-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.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-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 Compensation | N/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/A | N/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.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | N/A | -13.9%-6.2pp | -15.5%-9.8pp | -13.7%-9.5pp | N/A | -7.7%-3.1pp | -5.7%-1.9pp | -4.2%+0.7pp |
| Return on Assets | N/A | -7.8%-2.8pp | -8.2%-4.5pp | -7.9%-5.0pp | N/A | -5.0%-1.9pp | -3.8%-1.2pp | -2.9%+1.0pp |
| Current Ratio | 3.08-1.0x | 2.71-1.6x | 1.01-7.9x | 1.32-9.2x | 4.10-5.8x | 4.30+2.1x | 8.94+6.7x | 10.50+10.3x |
| Debt-to-Equity | 0.79+0.2x | 0.78+0.2x | 0.89+0.4x | 0.74+0.3x | 0.56+0.1x | 0.550.0x | 0.520.0x | 0.48+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 | — |
Where Paramount Gold Nevada Corp. Ranks
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 EBITDA?
Paramount Gold Nevada Corp. (PZG) had EBITDA of -$8.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Paramount Gold Nevada Corp.'s return on equity (ROE)?
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.
What is Paramount Gold Nevada Corp.'s operating cash flow?
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.
What are Paramount Gold Nevada Corp.'s total assets?
Paramount Gold Nevada Corp. (PZG) had $60.8M in total assets as of fiscal year 2026, including both current and long-term assets.
What is Paramount Gold Nevada Corp.'s current ratio?
Paramount Gold Nevada Corp. (PZG) had a current ratio of 3.08 as of fiscal year 2026, which is generally considered healthy.
What is Paramount Gold Nevada Corp.'s debt-to-equity ratio?
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.
What is Paramount Gold Nevada Corp.'s return on assets (ROA)?
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.
What is Paramount Gold Nevada Corp.'s P/E ratio?
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.
What is Paramount Gold Nevada Corp.'s price-to-sales ratio?
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.
How does Paramount Gold Nevada Corp.'s liquidity compare with its operating cash outflow?
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.
What is Paramount Gold Nevada Corp.'s Piotroski F-Score?
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.
Are Paramount Gold Nevada Corp.'s earnings high quality?
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.
Can Paramount Gold Nevada Corp. cover its interest payments?
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.