Paramt GLD Nevada | 10-Q: FY2025 Q3 EPS: USD 0.04

EPS: As of FY2025 Q3, the actual value is USD 0.04.

Segment Revenue

• Paramount Gold Nevada Corp. did not earn any revenue from mining operations for the nine months ended March 31, 2025 and 2024.

Operational Metrics

• Net Loss: The net loss for the three months ended March 31, 2025 was $2,618,307 compared to $1,814,045 for the same period in 2024, representing a 44% increase.
• Net Loss for Nine Months: The net loss for the nine months ended March 31, 2025 was $6,221,934 compared to $5,462,764 for the same period in 2024, representing a 14% increase.
• Exploration Expenses: For the three months ended March 31, 2025, exploration expenses were $733,906, a 3% increase from $713,404 in 2024.
• Reclamation Expenses: For the three months ended March 31, 2025, reclamation expenses were $14,193, a 94% decrease from $252,534 in 2024.
• Land Holding Costs: For the three months ended March 31, 2025, land holding costs were $185,408, an 18% increase from $157,143 in 2024.

Cash Flow

• Cash Used in Operating Activities: For the nine months ended March 31, 2025, cash used in operating activities was - $3,564,009 compared to - $3,064,814 in 2024.
• Cash Used in Investing Activities: For the nine months ended March 31, 2025, cash used in investing activities was - $159,098 compared to - $100,000 in 2024.
• Cash Provided by Financing Activities: For the nine months ended March 31, 2025, cash provided by financing activities was $439,564 compared to $9,352,259 in 2024.

Unique Metrics

• Mineral Properties: The carrying values of mineral properties as of March 31, 2025 were $49,219,413, slightly up from $49,069,413 as of June 30, 2024.

Future Outlook and Strategy

• Core Business Focus: Paramount expects to continue incurring losses due to costs related to maintaining its properties and general administrative expenses. The company plans to fund operations through existing cash, equity financings, and sale of royalties.
• Non-Core Business: The company has agreements to acquire mining claims such as the Cryla Claims and Frost Claims, with options to purchase and royalty arrangements.
• Priority: Paramount anticipates spending $3 million on corporate, land claim maintenance, and general expenses, and $2.5 million on Grassy Mountain Project permitting activities over the next twelve months.