Paramount Gold NevadaPZG +1.79%31 Current Ratio is 2.71 as of Mar. 2026, which is 21% below its 10-year median of 3.43. GuruFocus rates PZG with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,636 Metals & Mining companies, Paramount Gold Nevada ranks better than 50.91% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Paramount Gold Nevada's current ratio for the quarter that ended in Mar. 2026 was 2.71.
Paramount Gold Nevada has a current ratio of 2.71. It generally indicates good short-term financial strength.
The historical rank and industry rank for Paramount Gold Nevada's Current Ratio or its related term are showing as below:
PZG'
s Current Ratio Range Over the Past 10 Years
Min: 0.13 Med: 3.43 Max: 13.29
Current: 2.71
During the past 13 years, Paramount Gold Nevada's highest Current Ratio was 13.29. The lowest was 0.13. And the median was 3.43.
PZG's Current Ratio is ranked better than 50.91% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.64
vs PZG: 2.71
Paramount Gold Nevada (AMEX:PZG) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Paramount Gold Nevada Current Ratio Related Terms
Paramount Gold Nevada Current Ratio Historical Data
* Premium members only.
The historical data trend for Paramount Gold Nevada's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Paramount Gold Nevada's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Paramount Gold Nevada Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Paramount Gold Nevada's Current Ratio distribution charts can be found below:
* The bar in red indicates where Paramount Gold Nevada's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Paramount Gold Nevada (PZG) has a Current Ratio of 2.71 as of Mar. 2026. This is 21% below median its historical median of 3.43. Over the past decade, Paramount Gold Nevada's Current Ratio has ranged from 0.13 to 13.29. According to the industry distribution chart, Paramount Gold Nevada ranks #1294 out of 2636 companies in the Metals & Mining industry, placing it in the top 49.1%.
Is Paramount Gold Nevada's Current Ratio too high?
Paramount Gold Nevada's current Current Ratio of 2.71 is 21% below median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 13.29. The Metals & Mining industry median Current Ratio is 2.64. Paramount Gold Nevada's value of 2.71 is 2.7% above this industry median. Based on the distribution chart, Paramount Gold Nevada ranks #1294 out of 2636 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Paramount Gold Nevada has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Paramount Gold Nevada's Current Ratio compare to NAMM and BSAI?
According to the Metals & Mining industry distribution chart, Paramount Gold Nevada ranks #1294 out of 2636 companies for Current Ratio. This puts Paramount Gold Nevada in the upper half of its industry. The industry median Current Ratio is 2.64. Paramount Gold Nevada's value of 2.71 is 2.7% above this benchmark. Historically, Paramount Gold Nevada's own Current Ratio has ranged from 0.13 to 13.29 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 2.64, Paramount Gold Nevada has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,636 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Paramount Gold Nevada's current Current Ratio of 2.71 is 2.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paramount Gold Nevada's current Current Ratio is 2.71, which is 21% below median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paramount Gold Nevada stock overvalued right now?
Paramount Gold Nevada (PZG) has a current Current Ratio of 2.71. The current Current Ratio is 2.71, which is 21% below median its 10-year median of 3.43 and 2.7% above the Metals & Mining industry median of 2.64. Paramount Gold Nevada's overall GF Score™ is 31/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Paramount Gold Nevada (PZG), the current Current Ratio is 2.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Paramount Gold Nevada Corp is an exploration-stage mining company. Together with its subsidiaries, the company is engaged in the business of acquiring, exploring, and developing precious metal projects in the United States. Also, it explores for gold and silver. The company enhances the value of projects by implementing exploration and engineering programs that are likely to expand and upgrade known mineralized material to reserves. Its projects include sleeper gold, grassy mountain gold, frost project, other non-material, and others.
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