Paramount Gold Stock Target Price and Analyst Consensus

PZG Stock  USD 0.39  0.01  2.50%   
The current analyst and expert consensus on Paramount Gold is Strong Buy, with only one strong buy opinion. The current projected Paramount Gold target price consensus is 1.75 with 1 analyst opinions. Check out Macroaxis Advice on Paramount Gold to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Paramount Gold Nevada analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Paramount Gold executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Paramount Gold. We encourage you to use your own analysis of Paramount Gold Nevada to validate this buy or sell advice. Paramount Gold buy-or-sell recommendation module provides average expert sentiment on the projected Paramount Gold Nevada target price to derive its highest and lowest estimates based on projected price volatility of 4.6134.
Lowest Forecast
1.59
Highest Forecast
1.94
Target Price
1.75
The Paramount Gold's current Gross Profit is estimated to increase to about (615.1 K). The current Pretax Profit Margin is estimated to decrease to -16.89. At this time, Paramount Gold's Property Plant Equipment is most likely to increase significantly in the upcoming years. The Paramount Gold's current Net Debt is estimated to increase to about 6.3 M, while Total Stockholder Equity is projected to decrease to roughly 37.9 M.
  
It's important to approach Paramount Gold's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Paramount Gold price targets

Paramount Gold's stock target price is an estimate of its future price, usually made by analysts. Using Paramount Gold's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Paramount Gold's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Paramount Gold's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Paramount Gold Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Paramount Gold is a key component of Paramount Gold valuation and have some predictive power on the future returns of a Paramount Gold.
Hype
Prediction
LowEstimatedHigh
0.020.394.98
Details
Intrinsic
Valuation
LowRealHigh
0.040.725.31
Details
Naive
Forecast
LowNextHigh
0.010.425.00
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.05-0.05-0.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Paramount Gold. Your research has to be compared to or analyzed against Paramount Gold's peers to derive any actionable benefits. When done correctly, Paramount Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Paramount Gold Nevada.

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When determining whether Paramount Gold Nevada is a strong investment it is important to analyze Paramount Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paramount Gold's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:
Check out Macroaxis Advice on Paramount Gold to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.