Paramount Gold Nevada FY26 net loss widens 72% to $15.56 million - PZG News | RalliesParamount Gold Nevada FY26 net loss widens 72% to $15.56 million
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PZG• Cash position
- Cash and cash equivalents climbed to $9.93 million at June 30, 2026, up from $1.35 million a year earlier.
Costs and expenses
- Exploration and development expense rose 37% to $3.57 million, mainly on permitting activities at Grassy Mountain.
- Salaries and benefits fell 17% to $1.36 million, primarily on lower salary and stock-based compensation costs from reduced headcount.
Fiscal 2026 results
- Paramount Gold Nevada posted a net loss of $15.56 million for fiscal 2026, widening about 72% from the prior year.
- No revenue was recorded for fiscal 2026, unchanged from fiscal 2025.
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