Vista Gold (VGZ) AI Stock Analysis

• Market Cap: $366.78M
• Dividend Yield: N/A
• Average Volume (3M): 56.76K
• Price to Earnings (P/E): 14.4
• Beta (1Y): 1.87
• Revenue Growth: N/A
• EPS Growth: -173.52%
• Country: CA
• Employees: 13
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.03
• Shares Outstanding: 125,181,090
• 10 Day Avg. Volume: 121,127
• 30 Day Avg. Volume: 56,760
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.40
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -2.00K
• Enterprise Value/Ebitda: -16.48
• 1Y Price Target: $4.18
• Price Target Upside: 36.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: ―

Vista Gold's overall score reflects a strong balance sheet and positive technical momentum, but is constrained by a lack of revenue and ongoing losses. Valuation metrics suggest reasonable pricing, though the absence of dividends is a downside. Despite strategic advancements, profitability challenges persist.

Positive Factors

Negative Factors

Vista Gold Business Overview & Revenue Model

Company Description

Vista Gold Corp. (VGZ) is a mining and exploration company focused on the gold sector. The company is primarily engaged in the evaluation, acquisition, exploration, and advancement of gold projects in North America. Vista Gold's flagship asset is the Mt Todd gold project located in Northern Territory, Australia, which is one of the largest undeveloped gold projects in the region. Vista Gold aims to advance this project towards development while also exploring other opportunities to expand its portfolio.

How the Company Makes Money

Vista Gold makes money through the exploration and potential development of gold mining projects. The company's revenue model is primarily based on the advancement of its Mt Todd gold project, which involves increasing the project's value through exploration, technical studies, and permitting activities. Additionally, Vista Gold may generate income through strategic partnerships, joint ventures, or by selling or leasing its interests in mining projects. The company may also benefit from fluctuations in gold prices, as higher gold prices can increase the potential profitability of its projects.

Vista Gold Financial Statement Overview

Summary

Vista Gold's financial health is marked by a strong balance sheet with zero debt and significant equity, but it struggles with no revenue and consistent losses impacting its income statement. Cash flow management has been prudent, yet negative free cash flow persists.

Income Statement

Vista Gold's income statement reveals persistent challenges with no recorded revenue and consistent operating losses. The company showed a notable increase in EBIT and net income for the TTM, but this is primarily due to cost management rather than revenue generation. The absence of revenue and a history of losses significantly constrain profitability metrics, leading to a low score.

Balance Sheet

The balance sheet reflects a solid equity position with zero debt, indicating a conservative capital structure. The equity ratio is strong, and the company has a history of maintaining low liabilities relative to assets. Despite this stability, the lack of revenue generation remains a concern, limiting further improvements in the score.

Cash Flow

Cash flow analysis shows significant reliance on financing and investing activities to maintain operations, with negative free cash flow across periods. Operating cash flow remains negative, yet the management of cash and investments has bolstered liquidity. The negative free cash flow growth and reliance on external funding sources limit the score.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-74.00K	0.00	0.00	-45.00K	-49.00K	-48.00K
EBITDA	-9.00M	-7.12M	-6.72M	-8.29M	-11.89M	-8.32M
Net Income	-8.38M	11.25M	-6.58M	-4.41M	-18.59M	8.95M
Balance Sheet
Total Assets	15.15M	18.97M	8.93M	10.99M	16.34M	17.23M
Cash, Cash Equivalents and Short-Term Investments	13.21M	16.95M	6.07M	8.11M	13.14M	8.46M
Total Debt	0.00	0.00	0.00	0.00	0.00	13.00K
Total Liabilities	1.25M	1.07M	3.98M	957.00K	2.05M	1.38M
Stockholders Equity	13.90M	17.91M	4.95M	10.03M	14.29M	15.85M
Cash Flow
Free Cash Flow	-7.37M	-6.08M	-5.91M	-7.42M	-10.76M	-7.02M
Operating Cash Flow	-7.06M	-5.74M	-5.86M	-7.41M	-10.62M	-6.96M
Investing Cash Flow	-1.40M	15.59M	2.95M	2.88M	2.63M	11.63M
Financing Cash Flow	1.44M	1.02M	871.00K	-113.00K	12.98M	1.68M

Vista Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VGZ, the sentiment is Positive. The current price of 3.05 is above the 20-day moving average (MA) of 2.52, above the 50-day MA of 1.89, and above the 200-day MA of 1.33, indicating a bullish trend. The MACD of 0.34 indicates Negative momentum. The RSI at 72.60 is Negative, neither overbought nor oversold. The STOCH value of 43.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:VGZ.

Vista Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MMY	78 Outperform	C$222.38M	6.63	―	―	122.19%	―
VGZ	61 Neutral	$366.78M	14.41	-49.21%	―	―	-173.52%
TAU	55 Neutral	C$458.69M	-508.57	―	―	―	50.00%
FF	51 Neutral	C$370.72M	-27.88	―	―	―	73.54%
ITH	51 Neutral	C$451.11M	-75.35	―	―	―	-23.08%
MFG	36 Underperform	C$269.10M	-28.90	―	―	―	58.22%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Vista Gold Corporate Events

Vista Gold Reports Q1 2025 Financials and Advances Mt Todd Project

Vista Gold Corp. announced its first quarter 2025 financial results, highlighting a cash position of $15.0 million and a net loss of $2.7 million. The company is advancing its Mt Todd gold project with a feasibility study aimed at increasing reserve grade and optimizing mine scheduling, while reducing initial capital expenditure. This strategic focus is expected to unlock shareholder value and align with the current gold cycle, potentially accelerating value creation.

Spark’s Take on TSE:VGZ Stock

According to Spark, TipRanks’ AI Analyst, TSE:VGZ is a Neutral.

Vista Gold’s overall stock score reflects a mixed financial performance with a solid balance sheet but lacking revenue generation. The positive technical indicators and reasonable valuation suggest potential for growth, supported by strategic initiatives and project advancements. The company’s ability to improve its revenue and operational efficiency will be crucial for future success.

To see Spark’s full report on TSE:VGZ stock, click here.

Vista Gold to Showcase Mt Todd Project at Mining Forum Europe 2025

Vista Gold Corp. announced that its President and CEO, Frederick H. Earnest, will present at the Mining Forum Europe 2025 conference in Zurich, Switzerland, highlighting the company’s strategic initiatives and development plans. The presentation, along with meetings with institutional investors, underscores Vista Gold’s commitment to advancing the Mt Todd project and enhancing its industry positioning, potentially impacting stakeholders by showcasing its growth opportunities and operational readiness.

Vista Gold Corp. Reports Strong 2024 Financial Results and Advances Mt Todd Project

Vista Gold Corp. announced its 2024 financial results, highlighting a strong financial position with $16.9 million in cash and a net income of $11.2 million, a significant turnaround from the previous year’s loss. The company is advancing its Mt Todd project with a new feasibility study aimed at reducing initial capital expenditure and increasing gold production, positioning it for near-term development and long-term success.

Vista Gold to Showcase Mt Todd Project at PDAC 2025

Vista Gold Corp. announced its participation in the Prospectors & Developers Association of Canada 2025 Convention, aiming to showcase the Mt Todd project as a premier ready-to-build gold project. The company will engage with attendees to discuss the project’s potential and strategic advancements, highlighting its position within the gold sector and the value it offers to stakeholders.

Vista Gold Targets Value Realization with 2025 Strategic Initiatives

Vista Gold Corp. has announced its 2025 strategic outlook, emphasizing the completion of the Mt Todd feasibility study as a cornerstone for delivering value to shareholders. The study is expected to position Mt Todd as a significant development opportunity in the gold sector by increasing the reserve grade and reducing initial capital expenditures. The company aims to attract a diverse range of investors and is committed to maintaining safety and operational efficiency, highlighting over three years without a lost time incident at Mt Todd.