<a href="https://laohu8.com/S/PZG">Paramount Gold Nevada</a> Corp. Reports Continued Net Loss for Fiscal Year Ended June 30, 2025; Expects to Rely on Equity and Debt Financing to Fund Operations
Paramount Gold Nevada Corp. has reported financial results for the fiscal year ended June 30, 2025. The company, which is engaged in acquiring, exploring, and developing precious metal projects in Nevada and Oregon, continues to focus on expanding and upgrading known mineral resources through exploration and engineering programs. Paramount Gold Nevada Corp. reported continued losses for the year, reflecting costs and expenses related to maintaining its properties as well as general and administrative expenses. The company has relied on equity financings, debt financings, and the sale of royalties to fund its operations since 2015 and expects to continue this approach in the near future. Looking ahead, Paramount Gold Nevada Corp. anticipates twelve-month cash expenditures for the fiscal year ending June 30, 2026, to total $2.7 million, allocated to corporate, land claim maintenance, and general expenses. The company will continue to implement measures to reduce cash expenditures while advancing technical and permitting studies on its projects. No positive earnings per share were reported for the fiscal year.
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