AMEX:VGZ

Stock Analysis Report

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Executive Summary

Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and development projects primarily in Australia. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Vista Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VGZ is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: VGZ's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-6.1%

VGZ

-0.03%

US Metals and Mining

2.3%

US Market


1 Year Return

34.8%

VGZ

45.6%

US Metals and Mining

23.7%

US Market

Return vs Industry: VGZ underperformed the US Metals and Mining industry which returned 45.6% over the past year.

Return vs Market: VGZ exceeded the US Market which returned 23.7% over the past year.


Shareholder returns

VGZIndustryMarket
7 Day-6.1%-0.03%2.3%
30 Day-14.7%7.6%4.7%
90 Day-10.6%22.3%14.5%
1 Year34.8%34.8%48.9%45.6%26.5%23.7%
3 Year10.7%10.7%21.8%13.7%45.0%35.4%
5 Year232.3%232.3%195.9%166.9%126.2%100.9%

Long-Term Price Volatility Vs. Market

How volatile is Vista Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vista Gold undervalued compared to its fair value and its price relative to the market?

65.87x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate VGZ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate VGZ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: VGZ is poor value based on its PE Ratio (65.9x) compared to the US Metals and Mining industry average (20.5x).

PE vs Market: VGZ is poor value based on its PE Ratio (65.9x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: VGZ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: VGZ is overvalued based on its PB Ratio (5.5x) compared to the US Metals and Mining industry average (1.9x).


Next Steps

Future Growth

How is Vista Gold forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-241.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VGZ's earnings are forecast to decline over the next 3 years (-241.7% per year).

Earnings vs Market: VGZ's earnings are forecast to decline over the next 3 years (-241.7% per year).

High Growth Earnings: VGZ's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if VGZ's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if VGZ's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VGZ's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Vista Gold performed over the past 5 years?

-16.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VGZ has a high level of non-cash earnings.

Growing Profit Margin: VGZ became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: VGZ has become profitable over the past 5 years, growing earnings by -16.9% per year.

Accelerating Growth: VGZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: VGZ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-12.4%).


Return on Equity

High ROE: VGZ's Return on Equity (8.2%) is considered low.


Next Steps

Financial Health

How is Vista Gold's financial position?


Financial Position Analysis

Short Term Liabilities: VGZ's short term assets ($10.6M) exceed its short term liabilities ($774.0K).

Long Term Liabilities: VGZ's short term assets ($10.6M) exceed its long term liabilities ($243.0K).


Debt to Equity History and Analysis

Debt Level: VGZ is debt free.

Reducing Debt: VGZ has not had any debt for past 5 years.

Debt Coverage: VGZ has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VGZ has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Vista Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VGZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VGZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VGZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VGZ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VGZ's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Fred Earnest (58 yo)

9yrs

Tenure

US$563,630

Compensation

Mr. Frederick H. Earnest, also known as Fred, B.Sc. has been the Chief Executive Officer of Vista Gold Corp. since January 1, 2012. Mr. Earnest is the President at Vista Gold Corp. since August 1, 2007. Mr...


CEO Compensation Analysis

Compensation vs Market: Fred's total compensation ($USD563.63K) is about average for companies of similar size in the US market ($USD529.89K).

Compensation vs Earnings: Fred's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Frederick Earnest
President9yrsUS$563.63k1.27%
$ 1.3m
Douglas Tobler
Chief Financial Officer1.5yrsUS$235.19k0.018%
$ 18.0k
John Rozelle
Senior Vice President8.42yrsUS$310.59k0.40%
$ 406.0k
Pamela Solly
Vice President of Investor Relations1.75yrsno data0.024%
$ 24.7k

5.1yrs

Average Tenure

61yo

Average Age

Experienced Management: VGZ's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Frederick Earnest
President9yrsUS$563.63k1.27%
$ 1.3m
Michael Richings
Independent Non-Executive Chairman13.17yrsUS$91.57k0.34%
$ 344.2k
Charles Ogryzlo
Independent Director25.67yrsUS$69.57k0.27%
$ 275.6k
William Eppler
Independent Director16.25yrsUS$74.57k0.38%
$ 383.6k
John Clark
Independent Director19.67yrsUS$71.24k0.18%
$ 187.2k
Deborah Friedman
Independent Director1.83yrsUS$89.61k0%
$ 0
Tracy Stevenson
Independent Director13.17yrsUS$74.24k0.33%
$ 334.8k

13.2yrs

Average Tenure

67yo

Average Age

Experienced Board: VGZ's board of directors are seasoned and experienced ( 13.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: VGZ insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.


Top Shareholders

Company Information

Vista Gold Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vista Gold Corp.
  • Ticker: VGZ
  • Exchange: AMEX
  • Founded: 1983
  • Industry: Gold
  • Sector: Materials
  • Market Cap: US$101.658m
  • Shares outstanding: 102.68m
  • Website: https://www.vistagold.com

Number of Employees


Location

  • Vista Gold Corp.
  • 7961 Shaffer Parkway
  • Suite 5
  • Littleton
  • Colorado
  • 80127
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VGZAMEX (NYSE MKT LLC)YesCommon SharesUSUSDNov 1984
VGZTSX (The Toronto Stock Exchange)YesCommon SharesCACADNov 1984
JEJDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1984
0VNOLSE (London Stock Exchange)YesCommon SharesGBUSDNov 1984

Biography

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 fla...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 23:07
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.