Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and development projects primarily in Australia. The company's flagship asset is the Mt Todd gold project located in Northern Territory. Vista Gold Corp. was founded in 1983 and is headquartered in Littleton, Colorado.
IPO Year: 1986
Exchange: AMEX
Website: vistagold.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/26/2021 | $3.25 → $3.00 | Buy | HC Wainwright & Co. |
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced that it has appointed Mr. Michel (Mike) Sylvestre as an independent director of the Company and increased the size of its Board of Directors from five to six. Mr. Sylvestre has also been appointed to the Health, Safety, Environment and Social Responsibility Committee of the Board. Mr. Sylvestre is a successful mining executive with over 45 years of international and domestic industry experience with major, mid-tier and junior companies. He retired in November 2022 from his position as Senior Vice President Americas at Kinross Gold Corp. Mr. Sylvestre is a director of Hochschild Mining PLC and Nickel Creek Platinum Corp.
Vista Gold Corp. ("Vista" or the "Company") (TSX:VGZ) today announced the voting results from its annual general and special meeting of shareholders held on Thursday, April 27, 2023 (the "AGM" or "Meeting"). A total of 68,925,603 common shares in the capital of the Company ("Common Shares") were represented at the meeting, being 57.93% of the Common Shares. Detailed results for the ballot votes for the election of directors are as follows: Proposal Votes For % Votes Withheld % Election of John M. Clark as Director 97.44 2.56 Election of Frederick H. Earnest as Director 96.76 3.24 Election of W. Durand Eppler as Director
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced that Michael B. "Mike" Richings, Chair and non-executive director, and C. Thomas "Tom" Ogryzlo, non-executive director, intend to retire upon the completion of their terms at Vista's upcoming 2023 Annual General and Special Meeting of Shareholders (the "AGM") to be held on April 27, 2023. Effective as of the conclusion of the AGM, the Board of Directors has approved decreasing the number of directors of the Company from seven to five. "On behalf of the Board and management team, I would like to thank Messrs. Richings and Ogryzlo for their leadership and commitment to the Company for more than two decades," said Frederick
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced that CIBC Capital Markets ("CIBC") has been appointed as its strategic advisor to lead a formal process to assist Vista in evaluating a broad range of alternatives to unlock the value of the Company's 100% owned Mt Todd gold project ("Mt Todd" or the "Project") and arranging an accretive transaction. Frederick H. Earnest, President and Chief Executive Officer, commented, "We are focused on maximizing shareholder value through realization of the intrinsic value of the world-class Mt Todd project. We have advanced and de-risked Mt Todd through a disciplined and methodical process, including the recently completed Feasibili
Vista Gold Corp. (NYSE American and TSX:VGZ) recently renewed its At-The-Market Offering Agreement ("ATM Agreement") with H.C. Wainwright & Co., LLC. In the course of ordinary business, Vista has maintained an ATM Agreement since 2017, including pursuant to periodic renewals. Under the ATM Agreement, Vista has the right to sell up to US$8 million in Vista common shares but is under no obligation to do so. Frederick H. Earnest, Vista's President and CEO commented, "We have consistently maintained an ATM Agreement as part of our business strategy; however, in the past, we have only used it from time to time on what we believe is an opportunistic basis. On October 23, 2024, we announced our
Vista Gold Corp. (NYSE American and TSX:VGZ) ("Vista" or the "Company") today announced additional results from Phase 2 of its 2024 drilling program at the Company's Mt Todd gold project ("Mt Todd" or the "Project") located in Northern Territory, Australia. Phase 2 drilling continues in the South Cross Lode zone (the "SXL"), a narrower mineralized structure with high-grade intercepts that is adjacent to the Batman deposit and presently extends up to 400 meters northeast. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030238882/en/Figure 1: Plan view of the Mt Todd terrain showing Phase 2 drill hole locations with respective or
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended September 30, 2024, with cash totaling $19.0 million at quarter-end. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and CEO of Vista, said, "During the third quarter, we continued to successfully execute our corporate strategy and demonstrated significant progress toward achieving our 2024 goals and objectives. We announced positive results from our ongoing drilling program, advanced technical studies to support our evaluation of an alternative scale development option at Mt Todd, continued to prioritize low overall spend
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Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced interim results from Phase 2 of its 2024 drilling program at the Company's Mt Todd gold project ("Mt Todd" or the "Project") located in Northern Territory, Australia. Phase 2 drilling commenced in July 2024 with near-surface drilling in the South Cross Lode zone (the "SXL"), a known mineralized structure with high-grade intercepts that intersects the Batman deposit and extends up to 400 meters northeast. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240923441188/en/Figure 1: Plan view of the Mt Todd as-built terrain showing Phase 2 drill hole locations with re
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced results from Phase 1 and the start of Phase 2 of its 2024 drilling program at the Company's Mt Todd gold project ("Mt Todd" or the "Project") located in Northern Territory, Australia. Phase 1 comprised 11 holes totaling 2,910 meters. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240821756858/en/Figure 1 - Plan view of Phase 1 drill hole locations and South Cross Lode zone (Graphic: Business Wire) Frederick H. Earnest, President and CEO, commented, "We are pleased to report that Phase 1 of the 2024 drilling program at Mt Todd is complete. This phase of the pro
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended June 30, 2024, with net income of $15.6 million and cash totaling $20.2 million. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and CEO of Vista, said, "During the second quarter, we received the final $10 million instalment payment under the recent royalty agreement. All payments under the royalty agreement totaling $20 million have now been received, which significantly strengthens our balance sheet. We completed Phase 1 of the Mt Todd drilling program and commenced Phase 2. We expect to announce results from Phase 1 i
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") is pleased to announce that its wholly-owned subsidiary, Vista Gold Australia Pty. Ltd. ("Vista Australia") has received the third and final instalment payment of $10 million ("Final Instalment") under the royalty agreement between Vista Australia and Wheaton Precious Metals (Cayman) Co., an affiliate of Wheaton Precious Metals Corp. ("Wheaton") dated December 13, 2023 ("Royalty Agreement"), in relation to the Company's Mt Todd gold project ("Mt Todd" or the "Project") located in Northern Territory, Australia. All dollar amounts in this news release are in US dollars. The Final Instalment is part of the $20 million royalty with Wheaton
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced that Maria Vallejo Garcia has joined the Company as Director, Projects and Technical Services. Ms. Vallejo is an accomplished mining professional with a robust background in mineral economics, mining engineering, and optimization technologies. Ms. Vallejo is a registered Professional Engineer (P. Eng) and Fellow of The Australasian Institute of Mining and Metallurgy (FAusIMM). She is also a Qualified Person as defined by Item 1300 of Regulation S-K under the Securities Exchange Act of 1934, as amended, and Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Ms. Vallejo holds a master's de
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HC Wainwright & Co. reiterated coverage of Vista Gold with a rating of Buy and set a new price target of $3.00 from $3.25 previously
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Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended September 30, 2024, with cash totaling $19.0 million at quarter-end. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and CEO of Vista, said, "During the third quarter, we continued to successfully execute our corporate strategy and demonstrated significant progress toward achieving our 2024 goals and objectives. We announced positive results from our ongoing drilling program, advanced technical studies to support our evaluation of an alternative scale development option at Mt Todd, continued to prioritize low overall spend
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended June 30, 2024, with net income of $15.6 million and cash totaling $20.2 million. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and CEO of Vista, said, "During the second quarter, we received the final $10 million instalment payment under the recent royalty agreement. All payments under the royalty agreement totaling $20 million have now been received, which significantly strengthens our balance sheet. We completed Phase 1 of the Mt Todd drilling program and commenced Phase 2. We expect to announce results from Phase 1 i
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended March 31, 2024, with cash totaling $11.9 million at quarter-end. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and CEO of Vista, said, "Our focus in 2024 is on strengthening our balance sheet, advancing evaluations of an initially smaller-scale Mt Todd project with the option for subsequent staged expansion, continuing our work with CIBC Capital Markets to maximize shareholder value, and successfully executing our health, safety, and environmental initiatives. "During the first quarter, we received the second payment
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its audited financial results for the year ended December 31, 2023, with cash totaling $6.1 million at year-end. All dollar amounts in this press release are in U.S. dollars. During 2023, the Company focused on the efficient use of cash and strengthened its balance sheet by completing a $20 million royalty transaction ("Royalty"). Pursuant to the terms of the Royalty, we received $3 million in December 2023, $7 million in February 2024, and expect to receive the remaining $10 million during the first half of 2024. Frederick H. Earnest, President and Chief Executive Officer of Vista, stated, "Our team successfully exec
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended September 30, 2023, with reported cash totaling $4.8 million. All dollar amounts in this news release are in U.S. dollars. Frederick H. Earnest, President and CEO, said, "During the quarter, our management team continued to advance our ongoing work with CIBC Capital Markets, maintained its focus on minimizing recurring costs, reached 690 days without a lost time incident at quarter end, and remained in compliance with our site environmental responsibilities and obligations. "In September, we attended the Precious Metals Summit in Beaver Creek, Colorado, where we ho
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended June 30, 2023, with reported cash totaling $6.0 million. All dollar amounts in this news release are in U.S. dollars. The second quarter of 2023 was marked by the extension of Vista's agreement (the "Agreement") with the Government (the "NT Government") of the Northern Territory of Australia (the "NT"), which sets out the rights and obligations of both parties with respect to site care and maintenance and potential future development of the Company's Mt Todd gold project ("Mt Todd"), and positive recommendations and actions from the NT's Mineral Development Taskforce
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended March 31, 2023, with reported cash totaling $6.6 million. All dollar amounts in this news release are in U.S. dollars. Frederick H. Earnest, President and Chief Executive Officer of Vista, stated, "Our achievements during the first quarter of this year reflect our ongoing commitment to maximize the value of the Mt Todd gold project for our shareholders. We completed an internal scoping study to evaluate the technical and economic merits of smaller-scale development alternatives for Mt Todd. The study delivered promising results, including initial capital expenditures
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its audited financial results for the year ended December 31, 2022, with cash totaling $8.1 million at year-end. During 2022, the Company successfully completed a feasibility study (the "FS") for the Mt Todd gold project ("Mt Todd" or the "Project"), retained CIBC Capital Markets as a strategic advisor, concluded an 18-month drilling program, and significantly reduced costs. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and Chief Executive Officer of Vista, stated, "Our achievements during 2022 demonstrate our commitment to realizing greater value from Mt Todd. Looking ahea
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended June 30, 2022, highlighted by a cash position of $11.1 million. All dollar amounts in this press release are in U.S. dollars. Second Quarter Highlights Advanced the process with CIBC Capital Markets ("CIBC") to seek a partner or other form of transaction to maximize shareholder value; Announced favorable results upon successfully completing the exploration drilling program at the Company's 100% owned Mt Todd gold project ("Mt Todd" or the "Project"); and Ended June 30, 2022 with a cash position of $11.1 million. Frederick H. Earnest, President and Chief Execut
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") today announced its unaudited financial results for the quarter ended March 31, 2022, which are highlighted by reported cash totaling $12.8 million. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and Chief Executive Officer of Vista, commented, "As announced in February, we achieved a major milestone with the completion of the Feasibility Study ("2022 FS") for our 100%-owned Mt Todd gold project ("Mt Todd" or the "Project"), which increased gold reserves by 19% to 6.98 million ounces with estimated average annual production of 479,000 ounces of gold during the first seven years of commercia
HC Wainwright & Co. analyst Heiko Ihle maintains Vista Gold (AMEX:VGZ) with a Buy and raises the price target from $2.5 to $2.75.
The price of gold reached all-time high of over $2,200 per ounce this week, reacting positively to the indications emerging from the latest Federal Open Market Committee (FOMC) meeting in which policymakers reiterated their intentions to cut interest rates three times in the current year. The precious metal already surged by 6% this month, marking its fourth positive week out of the last five, sparking a revival in gold mining stocks. In a recent note from Bank of America published this week, analysts reiterated gold remained one of the favored trades for 2024, citing three key drivers: its hedge status against global stocks, central banks’ accumulation of gold at record levels and the
The Dow Jones index closed higher by over 250 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Vista Gold The Trade: Vista Gold Corp. (NYSE:VGZ) CFO Douglas L. Tobler acquired a total of 3,500 shares an average price of $0.48. To acquire these shares, it cost around $1,691. What’s Happening: On March 14, Vista Gold posted a fourth-quarte
HC Wainwright & Co. analyst Heiko Ihle reiterates Vista Gold (AMEX:VGZ) with a Buy and maintains $2.5 price target.
Vista Gold (AMEX:VGZ) reported quarterly losses of $(0.01) per share. This is unchanged from the same period last year. Summary of Quarterly Results 4th quarter 3rd quarter 2nd quarter 1st quarter 2023
Precious metals surged once again in response to Fed Chair Jerome Powell‘s recent statements hinting at potential monetary policy easing in 2024, contingent upon further positive data on inflation and growing confidence that price pressures will align with the 2% target. Gold prices, as gauged by the SPDR Gold Trust (NYSE:GLD), soared 0.8% to $2,150/oz during midday trading in New York, surpassing the previous peak of $2,146/oz set in December 2023. The yellow metal is now on track for its seventh consecutive day of gains. Similarly, silver experienced a notable 2.2% rally, reaching $24.20/oz, its highest level since the end of December 2023. Since the beginning of the month, both gold
The Dow Jones index closed slightly higher on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Entera Bio The Trade: Entera Bio Ltd. (NASDAQ:ENTX) Director Haya Taitel acquired a total of 7,615 shares an average price of $0.77. To acquire these shares, it cost around $5,86. What’s Happening: Entera Bio announced that it received an extension of 18
The Dow Jones index closed higher by over 300 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Vivani Medical The Trade: Vivani Medical, Inc. (NASDAQ:VANI) Director Gregg Williams acquired a total of 153,872 shares an average price of $0.88. To acquire these shares, it cost around $135,403. What’s Happening: Vivani Medical, last month, p
Vista Gold Corp. (TSX:VGZ) ("Vista" or the "Company") is pleased to announce that its wholly-owned subsidiary, Vista Gold Australia Pty. Ltd. ("Vista Australia") has received the first installment payment of $3 million ("First Installment") under the royalty agreement between Vista Australia and Wheaton Precious Metals (Cayman) Co., an affiliate of Wheaton Precious Metals Corp. ("Wheaton") dated December 13, 2023 ("Royalty Agreement"), in relation to the Company's Mt Todd gold project ("Mt Todd" or the "Project") located in Northern Territory, Australia. All dollar amounts in this news release are in US dollars. The First Installment is part of the $20 million royalty with Wheaton, which wi