Paramount Gold Nevada Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $133.4M
- Price
- $1.55
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.96%
- Volume
- 398.9K
About
Paramount Gold Nevada Corp., trading as PZG, is an enterprise focused on discovering, obtaining, and advancing precious metal reserves across the United States. Its primary efforts are directed towards the exploration of gold and silver deposits. A key asset for the company is its principal stake in the Sleeper gold project, encompassing approximately 38,300 acres across 2,322 unpatented mining claims located in Humboldt County, Nevada. Additionally, the firm possesses complete ownership of the Grassy Mountain gold project in Malheur County, Oregon, which covers roughly 9,300 acres through 442 federal and 3 patented lode claims. Founded in 1992, Paramount Gold Nevada Corp. maintains its corporate headquarters in Winnemucca, Nevada.
Quick stats
Shares outstanding85.8M
Computed float58.5M
Float / shares68.1%
Key info
SectorBasic Materials
IndustryGold
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001629210
AI Summary
AI-generated1/7
minorbullishoperations update
Skyline Builders Group Holding Acquires Two Highly Prospective Gold and Silver Mineral Properties in Nevada
Skyline Builders Group Holding acquired two gold and silver exploration properties in Nevada—the Mill Creek Project and the Irwin Project—to diversify its portfolio ahead of its pending merger with Cove Kaz Resources.
The Mill Creek Project covers 720 acres across 36 lode claims purchased from Paramount Gold, while the Irwin Project spans 12 claims with historic high-grade assays of up to 7.5 g/t gold and 96 g/t silver.
The company believes the acquisitions position it to capitalize on a commodity super cycle in the world's top-ranked mining jurisdiction, although no purchase price was disclosed.
Red flags
- Merger target Cove Kaz performed no due diligence on the acquired Nevada properties and assumes no liability
- No purchase price or terms of the property acquisition were disclosed
- Properties are early-stage exploration with reliance on historic (non-43-101) assay data