How to Buy Paramount Gold Nevada Stock
Paramount Gold Nevada Corp
Paramount Gold Nevada Corp. engages in the acquisition and exploration of mineral properties. The company is headquartered in Winnemucca, Nevada.
Paramount Gold Nevada stock last closed at $0.44, down 1.13% from the previous day, and has increased 26.67% in one year. It has overperformed other stocks in the Gold industry by 0.37 percentage points. Paramount Gold Nevada stock is currently +82.08% from its 52-week low of $0.24, and -14.31% from its 52-week high of $0.51.
At the moment, there are 60.31M shares of PZG outstanding. The market cap of PZG is $26.36M. In the last 24 hours, 25,390 PZG shares were traded.
How to Buy Paramount Gold Nevada Stock
Not sure how to invest in Paramount Gold Nevada stock? Here's how.
- Choose where to buy Paramount Gold Nevada stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Paramount Gold Nevada stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Select your method of payment and add your details.
- Evaluate Paramount Gold Nevada stock: The Paramount Gold Nevada ticker symbol is PZG. Is Paramount Gold Nevada stock a good investment? Should you buy shares of PZG? How do PZG's underlying business fundamentals look? Do top analysts think Paramount Gold Nevada is a good buy? Why has PZG's stock price moved recently? (Hint: Our stock market analysis website can help you understand if PZG is a good stock to buy).
- Execute your PZG purchase: Decide if you will purchase PZG shares at the current market price or use a limit order to purchase PZG shares at a particular price.
- Track your PZG position: Create a watchlist to monitor your new investment in Paramount Gold Nevada stock.
Step 1: Choose where to buy Paramount Gold Nevada stock
You will need an online brokerage account in order to access the NYSEMKT market and buy PZG stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you can invest in PZG stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have finished signing up on a good stock buying app, you can securely and quickly fund your account:
Check out the video below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Paramount Gold Nevada stock
After you have chosen the best place to buy Paramount Gold Nevada stock, it's very important to analyze their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.
Paramount Gold Nevada quick stats
Paramount Gold Nevada Overview
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on PZG's stock page.
Is PZG stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PZG's fair value.
Using relative valuations methods:
- PZG may be undervalued based on its P/E ratio of 3.36x, relative to Gold industry P/E ratio of 10.77x
- PZG may be undervalued based on its P/B ratio of 0.65x, relative to Gold industry P/B ratio of 1.68x
You can access more valuation research on PZG's stock here.
Is PZG a healthy company?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the PZG balance sheet.
- PZG has cash burn of 4578041. It has sufficient cash and short-term investments to cover this for at least one year.
- PZG has $8.57M in cash and short term investments. This is sufficient to cover its annual cash burn of $4.58M.
Negative Financial Indicators:
- PZG has a relatively high debt to equity ratio of 0.51.
- Total PZG debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the PZG balance sheet.
PZG Trading Indicators
PZG Performance Metrics
Last year, PZG earnings were -$6.83M. In the past five year, PZG's earnings have increased by -10.78% per year. This was slower than the Gold industry average of 11.44%.
Last year, PZG revenue was $0.00. During the past 5 year, PZG's revenue has gone up by -100% per year. This was slower than the Gold industry average of 15.84%.
Learn more about PZG's earnings and revenue performance here.
Are PZG insiders buying or selling the stock?
Over the last 12 months, insiders at PZG have bought more shares than they have sold.
Parent Co Fcmi, 10% Owner of PZG, was the latest PZG insider to buy. They bought $1,376,000.00 worth of PZG shares on May 10, 2023.
Research more about who owns PZG shares here.
Can I rely on PZG as an income stream?
No, Paramount Gold Nevada doesn't provide an income stream by paying out dividends.
What do other traders have to say about PZG?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your PZG purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Press the Open button and your broker will execute the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Track your PZG position
Now that you own some PZG stock, you'll want to stay up-to-date on your shares.
Add PZG to a watchlist to get notified of the latest news about your PZG stock.
PZG Feed
How to Buy Stock in Paramount Gold Nevada
To summarize, here are the 6 steps you need to take to buy Paramount Gold Nevada stock right now:
- Choose where to buy Paramount Gold Nevada stock
- Open a brokerage account
- Put funds into your brokerage account
- Evaluate Paramount Gold Nevada stock
- Execute your PZG purchase
- Track your PZG position
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your new investment in Paramount Gold Nevada, click below.
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