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

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

Paramount Gold Nevada Price Performance

Paramount Gold Nevada stock traded down $0.01 during mid-day trading on Friday, reaching $0.94. The company had a trading volume of 87,350 shares, compared to its average volume of 277,372. The business has a fifty day simple moving average of $1.13 and a 200 day simple moving average of $1.47. The company has a market cap of $81.15 million, a P/E ratio of -4.69 and a beta of 1.38. Paramount Gold Nevada has a fifty-two week low of $0.88 and a fifty-two week 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.

Paramount Gold Nevada Company Profile

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.