Paramount Gold Nevada Stock Buy Hold or Sell Recommendation
| PZG Stock | USD 0.38 0.02 5.56% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Paramount Gold Nevada is 'Strong Sell'. Macroaxis provides Paramount Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PZG positions.
Check out Paramount Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Paramount and provide practical buy, sell, or hold advice based on investors' constraints. Paramount Gold Nevada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Paramount |
Execute Paramount Gold Buy or Sell Advice
The Paramount recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Paramount Gold Nevada. Macroaxis does not own or have any residual interests in Paramount Gold Nevada or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paramount Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Paramount Gold Trading Alerts and Improvement Suggestions
| 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 (647.5 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 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: CORUS ENTERTAINMENT ANNOUNCES VOTING RESULTS FROM ANNUAL GENERAL MEETING OF SHAREHOLDERS |
Paramount Gold Returns Distribution Density
The distribution of Paramount Gold's historical returns is an attempt to chart the uncertainty of Paramount Gold's future price movements. The chart of the probability distribution of Paramount Gold daily returns describes the distribution of returns around its average expected value. We use Paramount Gold Nevada price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paramount Gold returns is essential to provide solid investment advice for Paramount Gold.
| Mean Return | -0.17 | Value At Risk | -7.5 | Potential Upside | 7.32 | Standard Deviation | 4.43 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Paramount Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Paramount Gold Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Capital Expenditures | 87.5K | 47.7K | 80K | 100K | 90K | 85.5K | |
| End Period Cash Flow | 3.1M | 2.5M | 824.9K | 5.4M | 6.2M | 6.5M | |
| Change In Cash | (2.3M) | (628.9K) | (1.7M) | 4.6M | 5.3M | 5.6M | |
| Free Cash Flow | (6.0M) | (6.7M) | (5.3M) | (5.5M) | (5.0M) | (5.2M) | |
| Depreciation | 2.5K | 2.2K | 1.9K | 1.4K | 1.2K | 1.2K | |
| Other Non Cash Items | 319.0K | 571.5K | 616.8K | 2.3M | 2.0M | 2.1M | |
| Net Income | (5.9M) | (7.8M) | (6.5M) | (8.1M) | (7.3M) | (7.6M) | |
| Investments | (87.5K) | (47.7K) | (126.7K) | (100K) | (115K) | (120.8K) | |
| Change To Netincome | 1.2M | 778.4K | 1.0M | 431.9K | 388.7K | 595.4K |
Paramount Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Paramount Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Paramount Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Paramount stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.61 | |
σ | Overall volatility | 4.66 | |
Ir | Information ratio | -0.06 |
Paramount Gold Volatility Alert
Paramount Gold Nevada exhibits very low volatility with skewness of 0.07 and kurtosis of -0.06. Paramount Gold Nevada is a potential penny stock. Although Paramount Gold may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Paramount Gold Nevada. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Paramount instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Paramount Gold Fundamentals Vs Peers
Comparing Paramount Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Paramount Gold's direct or indirect competition across all of the common fundamentals between Paramount Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paramount Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Paramount Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Paramount Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paramount Gold to competition |
| Fundamentals | Paramount Gold | Peer Average |
| Return On Equity | -0.2 | -0.31 |
| Return On Asset | -0.0959 | -0.14 |
| Current Valuation | 32.31 M | 16.62 B |
| Shares Outstanding | 66.11 M | 571.82 M |
| Shares Owned By Insiders | 20.80 % | 10.09 % |
| Shares Owned By Institutions | 9.40 % | 39.21 % |
| Number Of Shares Shorted | 263.66 K | 4.71 M |
| Price To Earning | (4.35) X | 28.72 X |
| Price To Book | 0.68 X | 9.51 X |
| Price To Sales | 573.42 X | 11.42 X |
| Gross Profit | (647.5 K) | 27.38 B |
| EBITDA | (3.81 M) | 3.9 B |
| Net Income | (8.06 M) | 570.98 M |
| Cash And Equivalents | 824.92 K | 2.7 B |
| Cash Per Share | 0.05 X | 5.01 X |
| Total Debt | 11.46 M | 5.32 B |
| Debt To Equity | 0.09 % | 48.70 % |
| Current Ratio | 4.97 X | 2.16 X |
| Book Value Per Share | 0.59 X | 1.93 K |
| Cash Flow From Operations | (5.41 M) | 971.22 M |
| Short Ratio | 2.73 X | 4.00 X |
| Earnings Per Share | (0.11) X | 3.12 X |
| Target Price | 1.2 | |
| Number Of Employees | 6 | 18.84 K |
| Beta | 1.89 | -0.15 |
| Market Capitalization | 24.1 M | 19.03 B |
| Total Asset | 56.36 M | 29.47 B |
| Retained Earnings | (82.38 M) | 9.33 B |
| Working Capital | 6.06 M | 1.48 B |
| Current Asset | 7.44 M | 9.34 B |
| Current Liabilities | 559.9 K | 7.9 B |
| Net Asset | 56.36 M |
Note: Purchase by Fcmi Parent Co of 4300000 shares of Paramount Gold [view details]
Paramount Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Paramount . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Paramount Gold Buy or Sell Advice
When is the right time to buy or sell Paramount Gold Nevada? Buying financial instruments such as Paramount Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Paramount Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Services Theme or any other thematic opportunities.
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Check out Paramount Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 (0.11) | 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.