Paramount Gold Nevada (NYSEAMERICAN:PZG) Issues Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Paramount Gold Nevada (NYSEAMERICAN:PZG) posted its earnings results on Friday. The basic materials company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.03), FiscalAI reports.

Paramount Gold Nevada Price Performance

Shares of NYSEAMERICAN PZG traded down $0.01 during midday trading on Friday, hitting $0.94. 87,350 shares of the company’s stock were exchanged, compared to its average volume of 869,207. Paramount Gold Nevada has a 12-month low of $0.88 and a 12-month high of $2.71. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.61. The company has a market cap of $81.15 million, a price-to-earnings ratio of -4.69 and a beta of 1.38. The business’s fifty day moving average price is $1.14 and its two-hundred day moving average price is $1.47.

About Paramount Gold Nevada

Paramount Gold Nevada Corp. is a mineral exploration and development company focused on gold and silver projects in the western United States. The company works to evaluate and advance mineral properties rather than operate as a producing mining company. Its principal projects include the Grassy Mountain gold-silver project in Malheur County, Oregon, and the Sleeper Gold Project in Humboldt County, Nevada. Activities at these properties include exploration, technical studies, and project development.