Vista Gold Corp.

AMEX•VGZ

CEO: Mr. Frederick H. Earnest B.Sc.

Sector: Basic Materials

Industry: Gold

Listing Date: 1984-11-29

Vista Gold Corp., together with its subsidiaries, acquires, explores, evaluates, and advances gold exploration and development projects in Australia. Its flagship asset is the 100% owned Mt Todd gold project located in Northern Territory, Australia. The company was incorporated in 1983 and is based in Englewood, Colorado.

Contact Information

8310 South Valley Highway, Suite 300, Englewood, CO, 80112, United States

720-981-1185

www.vistagold.com

Market Cap

$261.64M

P/E (TTM)

-34.9

24.2

Dividend Yield

52W High

$3.13

52W Low

$0.68

52W Range

56%

Rank62Top 92.6%

1.9

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 1.9 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$0.00+0.00%

4-Quarter Trend

EPS

-$0.01+0.00%

4-Quarter Trend

FCF

-$2.18M+0.00%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

2025 Feasibility Study Economics New 2025 Feasibility Study shows $1.1B after-tax NPV5% and $425M initial capital, a 59% reduction from 2024.

Cash Position Decline Cash and equivalents decreased $3.23M over nine months to $13.72M balance as of September 30, 2025.

Financing Provided Inflows Net cash provided by financing activities totaled $1.94M, primarily from $2.21M in ATM equity proceeds during nine months.

Net Loss Swing Explained Nine-month net loss reached ($5.79M), contrasting 2024 net income of $12.92M due to prior year royalty gain recognition.

Risk Factors

Funding Needs Uncertainty Long-term viability depends on realizing Mt Todd value; funding future needs requires equity issuance or asset sales.

Project Execution Risks Operating risks include feasibility study accuracy, mineral reserve estimates, and potential cost increases affecting financial condition.

Mexico Tax Litigation Outcome Outcome of remaining Mexico tax litigation is unknown; management cannot estimate potential loss from the SAT case currently.

Regulatory Compliance Costs Future expenditures for environmental compliance and regulatory changes are unpredictable and could increase operating costs significantly.

Outlook

Near-Term Expenditure Estimates Estimates $7.4M recurring expenditures plus $2.0M non-recurring costs for metallurgical evaluations over next twelve months.

Working Capital Funding Plan Management expects to fund next twelve months' activities using existing Working Capital, potentially supplemented by equity financing.

Mt Todd Value Realization Prioritizing efficient use of resources to advance Mt Todd, minimizing dilution while preserving, enhancing, and realizing value.

Mexico Tax Case Belief Management believes September 2025 ruling recognizes 2020 deductions, but outcome of remaining Mexico tax case remains uncertain.

Peer Comparison

Revenue (TTM)

CLW

$1.56B

-4.0%

NVA

$194.51M

-77.9%

$137.41M

-49.8%

Gross Margin (Latest Quarter)

VOXR

62.1%

-17.5pp

TRX

56.4%

+18.2pp

SMID

26.8%

-1.0pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
HYMC	$3.65B	-42.7	-80.8%	0.0%
DC	$773.54M	-25.3	-23.1%	0.4%
TRX	$499.31M	-110.0	-7.6%	3.5%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

N/M

Revenue Volatile

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:Mar 13, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data