The ATM is nearly exhausted, limiting near-term dilution from this facility. Monitor for any new prospectus supplements under the remaining $50M shelf for larger follow-on offerings or debt issuances, which would signal a more material capital raise. The going concern qualification elevates the risk of a distressed capital raise.
Price Chart
Executive Summary
Paramount Gold Nevada Corp. filed an S-3 shelf registration statement on October 16, 2026, registering up to $50,000,000 in securities, including a $20,000,000 at-the-market (ATM) common stock offering through Cantor Fitzgerald & Co. and A.G.P./Alliance Global Partners. The company has already sold $17,927,217 under this ATM facility, leaving approximately $2,072,783 of the $20,000,000 ATM capacity remaining. The shelf signals potential future dilution, though the ATM is largely exhausted.
Key Facts
- Shelf registration of up to $50,000,000 in securities (common stock, preferred stock, depositary shares, warrants, debt securities, units).
- Includes a $20,000,000 ATM common stock offering; $17,927,217 already sold under this facility.
- Remaining ATM capacity is approximately $2,072,783.
- Proceeds to be used for general working capital.
- Auditor's report includes a going concern uncertainty.
- 86,124,381 shares outstanding as of June 30, 2026; 86,546,696 as of October 9, 2026.
- Stock price at filing: $1.055 per share (October 15, 2026).
Financial Impact
Up to $50,000,000 shelf, but only ~$2.1M of ATM capacity remains; $17.9M already sold. Going concern uncertainty noted by auditor.
Risk Factors
- Going concern uncertainty in auditor's report indicates potential liquidity risk.
- Remaining shelf capacity of ~$48M could be used for dilutive offerings.
- Pre-revenue exploration company with no current production; capital needs are ongoing.
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| S-3 Filing (Primary) | 0001193125-26-424095 |
| Document: d434841dex44.htm | 0001193125-26-424095 |
| Document: d434841dex51.htm | 0001193125-26-424095 |
| Document: d434841dexfilingfees.htm | 0001193125-26-424095 |
| Document: d434841dex52.htm | 0001193125-26-424095 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | S-3 | $1.06 $1.01 | ▲ +4.72% | ▲ +5.05% | $0.9330 (+11.98%) |
Jun 23, 2026 17w ago | 8-K | $1.14 $1.08 | ▼ −5.26% | ▼ −5.22% | $0.9330 (−18.16%) |
Jun 2, 2026 20w ago | 8-K | $1.31 $1.35 | ▲ +3.05% | ▲ +2.65% | $0.9330 (−28.78%) |
US Market Status
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