VGZ Research | Milton Maxwell

VGZ

Vista Gold Corp.

2.1500

-0.0300-1.38%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q4 '25

3/12/26Mar 12, 2026

Key Stats

Market Cap

271.35M

P/E (TTM)

Basic EPS (TTM)

-0.07

Dividend Yield

Recent Filings

8-K

2025 loss, Mt Todd advances

3/11/26Mar 11, 2026

Vista Gold reported a $7.5M net loss for 2025, versus $11.2M income in 2024, with cash at $13.6M year-end—bolstered by a recent $44.85M equity raise. Mt Todd feasibility study highlights lower capex via higher-grade ore and contract services. Detailed engineering targets 2027 start. No debt weighs in favorably.

10-K

FY2025 results

3/11/26Mar 11, 2026

Vista Gold, a development-stage gold explorer, posted a FY2025 net loss of $7.5M ($0.06/share), up from a $11.2M profit in 2024 after a $16.9M royalty gain; no revenue as Mt Todd remains pre-production. Q4 loss widened to $1.7M from Q3's $0.7M amid $2.3M feasibility study costs, yet cash held steady at $13.6M with no debt. Mt Todd's July 2025 FS shines: $425M initial capex for 146koz annual gold over 30 years, $1.1B NPV at $2,500/oz. Permits align by 2027. Water supply risks loom large.

8-K

Closes $44.85M share offering

3/9/26Mar 9, 2026

Vista Gold closed its public offering of 17,940,000 common shares at US$2.50 each, including underwriters' full exercise of the 2,340,000-share option, raising US$44.85 million gross. Funds target Mt. Todd gold project advancement and general corporate needs. Cash bolsters development runway.

8-K

Prices $39M share offering

3/2/26Mar 2, 2026

Vista Gold priced its public offering of 15.6 million common shares at US$2.50 each, targeting US$39 million gross proceeds before fees. Net proceeds will fund Mt. Todd gold project exploration and development, plus general corporate needs; closing eyed for March 9, 2026, pending approvals. Underwriters hold a 30-day option for 2.34 million more shares. Dilution hits shareholders now.

8-K

Cash update: $13.6M

2/25/26Feb 25, 2026

Vista Gold ended 2025 with $13.6 million in cash and $13.1 million working capital, unaudited figures pending audit tweaks. It forecasts $8.7 million recurring spend—including $3.7 million Mt Todd upkeep—plus $1.8 million non-recurring project costs over the next year from September 30, 2025. Cash covers planned outlays. Actuals may differ materially.

About

Vista Gold Corp., together with its subsidiaries, operate as a development-stage company in the gold mining industry in Australia. The company's flagship asset is the 100% owned Mt Todd gold project located in Northern Territory, Australia. Vista Gold Corp. was incorporated in 1983 and is based in Englewood, Colorado.

CEO

Mr. Frederick H. Earnest B.Sc.

IPO

11/29/1984

Website

https://www.vistagold.com

Employees

Sector

Basic Materials

Industry

Gold