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Vista Gold (VGZ)
:VGZ
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.01Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 28, 2025
|% Change Since: 25.81%
|Next Earnings Date:Apr 25, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with significant financial improvements and progress on the Mt Todd project, despite increased exploration costs and discussions on strategic risks. The strong financial turnaround and advancements in project feasibility studies were key highlights.Company Guidance
During the conference call, Vista Gold provided guidance on several key metrics and strategic plans for 2025. The company reported a net income of $11.2 million for the fiscal year 2024, a significant improvement from a net loss of $6.6 million in 2023. This financial performance was bolstered by a $16.9 million gain from a royalty transaction with Wheaton Precious Metals and an $800,000 gain from the sale of used mill equipment. Vista ended 2024 with $16.9 million in cash and no debt, positioning it well to complete a new feasibility study for the Mt Todd project by mid-2025. This study aims to reduce the project's capital expenditure by 60% to $400 million, with plans to produce 150,000 to 200,000 ounces of gold annually. The company also highlighted its commitment to ESG initiatives, reporting zero lost time incidents and 1,211 consecutive accident-free days at the Mt Todd site. Additionally, the updated economics of the 2022 feasibility study showed improved project economics due to higher gold prices and updated cost components. These efforts are expected to enhance the project's attractiveness and potentially draw investor interest for strategic transactions.Significant Financial Turnaround
Vista Gold reported a net income of $11.2 million for the year ended December 31, 2024, compared to a net loss of $6.6 million in 2023.
Successful Wheaton Royalty Transaction
Vista recognized a $16.9 million gain from the Wheaton royalty transaction, contributing to their favorable financial outcome.
Mt Todd Feasibility Study Progress
Initiation of a new feasibility study targeting a 60% reduction in capital costs, with expected completion by mid-2025, aiming to make Mt Todd a more attractive ready-to-build project.
Safety and Environmental Achievements
2024 marked zero lost time incidents at Mt Todd, reaching 1,211 consecutive accident-free days, and the publication of Vista's 2024 ESG report.
Strong Cash Position
Ended the year with $16.9 million in cash and no debt, providing a strong financial position for future developments.
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VGZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VGZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 28, 2025 | $0.62 | $0.69 | +11.29% |
| Oct 23, 2024 | $0.70 | $0.69 | -1.43% |
| Jul 29, 2024 | $0.53 | $0.53 | 0.00% |
| May 02, 2024 | $0.50 | $0.48 | -4.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Vista Gold (VGZ) report earnings?
Vista Gold (VGZ) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is Vista Gold (VGZ) earnings time?
Vista Gold (VGZ) earnings time is at Apr 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VGZ EPS forecast?
Currently, no data Available
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