Sector: Basic Materials | Industry: Gold |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 665 Anderson St WINNEMUCCA NV 89445-3657 |
Tel: | N/A |
Website: | https://paramountnevada.com |
IR: | See website |
Key People | ||
Glen Van Treek President, Chief Operating Officer, Director | Rachel Louise Goldman Chief Executive Officer, Director | Carlo A. Buffone Chief Financial Officer |
Business Overview |
Paramount Gold Nevada Corp. is engaged in the business of acquiring, exploring and developing precious metals projects in the United States of America. The Company owns both exploration and development stage projects in the states of Nevada and Oregon. The Company's material Nevada property, the Sleeper Gold Project (Sleeper), is located in Humboldt County, Nevada. Its material Oregon property, known as the Grassy Mountain Project, is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho. The project site is situated in the rolling hills of the high desert region of the far western Snake River Plain and consists of 455 unpatented lode claims and three patented lode claims all totaling roughly 8,280 acres. The Company's subsidiaries include New Sleeper Gold LLC, Sleeper Mining Company, LLC and Calico Resources USA Corp. Calico Resources USA Corp., which holds its interest in the Grassy Mountain Project in Oregon. |
Financial Overview |
For the six months ended 31 December 2023, Paramount Gold Nevada Corp revenues increased from $46K to $1.3M. Net loss increased 11% to $3.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Exploration increase from $1.3M to $3M (expense), Interest and service charges increase of 56% to $317K (expense). |
Employees: | 7 as of Jun 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $30.03M as of Dec 31, 2023 |
Annual revenue (TTM): | $1.44M as of Dec 31, 2023 |
EBITDA (TTM): | -$6.29M as of Dec 31, 2023 |
Net annual income (TTM): | -$6.83M as of Dec 31, 2023 |
Free cash flow (TTM): | -$4.53M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $5.56M as of Dec 31, 2023 |
Shares outstanding: | 60,887,334 as of Mar 20, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |