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.


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

17.4%

VGZ

5.1%

US Metals and Mining

3.0%

US Market


1 Year Return

43.8%

VGZ

26.2%

US Metals and Mining

15.8%

US Market

Return vs Industry: VGZ exceeded the US Metals and Mining industry which returned 23.9% over the past year.

Return vs Market: VGZ exceeded the US Market which returned 15.4% over the past year.


Shareholder returns

VGZIndustryMarket
7 Day17.4%5.1%3.0%
30 Day45.2%14.7%6.0%
90 Day69.2%22.7%16.4%
1 Year43.8%43.8%28.9%26.2%18.4%15.8%
3 Year70.9%70.9%21.8%14.0%44.8%35.4%
5 Year370.1%370.1%94.6%77.2%75.7%56.7%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VGZ ($1.35) is trading below our estimate of fair value ($17.79)

Significantly Below Fair Value: VGZ is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VGZ is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.

PE vs Market: VGZ is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VGZ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VGZ is overvalued based on its PB Ratio (11.1x) 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?

31.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VGZ is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: VGZ is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: VGZ is forecast to remain unprofitable 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?

-18.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VGZ is currently unprofitable.

Growing Profit Margin: VGZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VGZ is unprofitable, and losses have increased over the past 5 years at a rate of 18.3% per year.

Accelerating Growth: Unable to compare VGZ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VGZ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-25%).


Return on Equity

High ROE: VGZ has a negative Return on Equity (-42.69%), as it is currently unprofitable.


Next Steps

Financial Health

How is Vista Gold's financial position?


Financial Position Analysis

Short Term Liabilities: VGZ's short term assets ($8.5M) exceed its short term liabilities ($3.7M).

Long Term Liabilities: VGZ's short term assets ($8.5M) exceed its long term liabilities ($245.0K).


Debt to Equity History and Analysis

Debt Level: VGZ is debt free.

Reducing Debt: VGZ had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: VGZ has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: VGZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.1% each year


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?

4.7yrs

Average management tenure


CEO

Fred Earnest (58 yo)

8.58yrs

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 ($USD563.63K) is about average for companies of similar size in the US market ($USD606.98K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Frederick Earnest
President8.58yrsUS$563.63k1.27%
$ 1.7m
Douglas Tobler
Chief Financial Officer1.08yrsUS$235.19k0.015%
$ 21.2k
John Rozelle
Senior Vice President8yrsUS$310.59k0.40%
$ 547.0k
Pamela Solly
Vice President of Investor Relations1.33yrsno data0.024%
$ 33.7k

4.7yrs

Average Tenure

61yo

Average Age

Experienced Management: VGZ's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Frederick Earnest
President8.58yrsUS$563.63k1.27%
$ 1.7m
Michael Richings
Independent Non-Executive Chairman12.75yrsUS$91.57k0.33%
$ 461.5k
Charles Ogryzlo
Independent Director25.25yrsUS$69.57k0.27%
$ 367.9k
William Eppler
Independent Director15.83yrsUS$74.57k0.37%
$ 515.2k
John Clark
Independent Director19.25yrsUS$71.24k0.18%
$ 247.3k
Deborah Friedman
Independent Director1.42yrsUS$89.61kno data
Tracy Stevenson
Independent Director12.75yrsUS$74.24k0.33%
$ 448.7k

12.8yrs

Average Tenure

67yo

Average Age

Experienced Board: VGZ's board of directors are seasoned and experienced ( 12.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


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$137.830m
  • Shares outstanding: 102.10m
  • 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 Analysis2020/08/07 00:17
End of Day Share Price2020/08/06 00:00
Earnings2020/06/30
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.