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.)
- $99.6M
- Price
- $1.16
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.28%
- Volume
- 91.0K
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 outstanding86.2M
Computed float58.5M
Float / shares67.8%
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
standardbullishregulatory
Paramount Gold Announces BLM Approval of Plan of Operations and Determination of Financial Guarantee for the Grassy Mountain Project
Paramount Gold Nevada cleared a key permitting hurdle as the U.S. Bureau of Land Management approved the Plan of Operations for the Grassy Mountain Gold Project in Malheur County, Oregon, completing the NEPA review process.
The BLM also concurred that the February 2026 reclamation cost estimate is sufficient, and under a Memorandum of Understanding the BLM and Oregon's Department of Geology and Mineral Industries will jointly hold the project's financial guarantee, streamlining bonding by removing duplicative state and federal efforts.
Posting the financial guarantee ahead of construction will trigger the official Decision letter and the final Notice to Proceed, but a construction decision has not yet been made and final state permits are only expected later this year.
With federal permitting functionally complete, the company has materially de-risked its path toward a potential build at Grassy Mountain, though financing and a formal construction decision remain ahead.
Red flags
- final state permits not yet issued — expected this year but subject to modification
- construction decision still pending; bond must be posted before Notice to Proceed
- safe harbor cites additional financing requirements — construction funding not yet secured