Vista Gold Corp. (VGZ) is rated Buy (a rating reaffirmation), driven by the transformative scaling down of the Mt Todd gold project and robust project economics. The revised feasibility study reduces initial capex by ~60%, targets 15,000 tpd, and projects an AISC of $1,499/oz, well below industry averages. Mt Todd's after-tax NPV per share could reach $10.10–$13.40, implying 407%–575% upside even if fully equity-financed at current prices.
Vista Gold Corp. ( VGZ ) Q3 2025 Earnings Call November 13, 2025 2:30 PM EST Company Participants Pamela Solly - Vice President of Investor Relations Frederick H. Earnest - President, CEO & Director Douglas Tobler - Chief Financial Officer Conference Call Participants Heiko Ihle - H.C.
Vista Gold's Mt. Todd project is one step closer to construction with a revised feasibility study, lower capex, and decent economics. The project offers significant upside, trading at a steep discount to its NPV, with expansion potential and strong leverage to rising gold prices. Key strengths include a large resource, Tier 1 jurisdiction, tight share structure, and a clear pathway to production with permits largely in place.
Vista Gold is a Buy for its Mt. Todd gold project in Australia, benefiting from strong gold prices and reduced initial capital costs. The revised project cuts capex by 60%, targets 150,000-200,000 oz/year, and offers significant exploration upside, positioning VGZ for growth. Shares have surged 120% YTD, but technicals suggest waiting for a pullback as overbought conditions and Fed policy could trigger a dip.
Vista Gold Corp. (NYSE:VGZ ) Q1 2025 Earnings Conference Call May 2, 2025 12:00 PM ET Company Participants Pamela Solly - Vice President, Investor Relations Fred Earnest - President and CEO Doug Tobler - Chief Financial Officer Conference Call Participants Heiko Ihle - H.C. Wainwright Operator Good day, ladies and gentlemen.
Vista Gold Corp.'s Mt Todd project in Australia is economically viable, focusing on efficiency with a revised plan for 15,000 tonnes/day production and $400M capital requirements. The new feasibility study shows promising economics with a payback period of approximately 8 months at current gold prices, even considering potential price drops. VGZ is debt-free with $17M in cash, sufficient for 2 years of operations, but urgently needs a partner to start mining.
Vista Gold Corp. (NYSE:VGZ ) Q4 2024 Earnings Conference Call March 6, 2025 4:00 PM ET Company Participants Pamela Solly - VP, IR Fred Earnest - President and CEO Doug Tobler - CFO Operator Good day, ladies and gentlemen. Welcome to Vista Gold's 2024 Financial Results and Corporate Update Conference Call.
After losing some value lately, a hammer chart pattern has been formed for Vista Gold (VGZ), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Vista Gold Corp. (NYSE:VGZ ) Q2 2024 Earnings Conference Call July 30, 2024 4:00 PM ET Company Participants Pamela Solly - Vice President, Investor Relations Fred Earnest - President & Chief Executive Officer Doug Tobler - Chief Financial Officer Conference Call Participants Heiko Ihle - H.C. Wainwright Operator Good day, ladies and gentlemen.