AMEX:VGZ

Stock Analysis Report

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

Fundamentals

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-2.6%

VGZ

2.0%

US Metals and Mining

0.07%

US Market


1 Year Return

33.2%

VGZ

-5.2%

US Metals and Mining

8.9%

US Market

Return vs Industry: VGZ exceeded the US Metals and Mining industry which returned -5.2% over the past year.

Return vs Market: VGZ exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

VGZIndustryMarket
7 Day-2.6%2.0%0.07%
30 Day-8.6%-2.2%-0.3%
90 Day-11.2%-6.9%-1.6%
1 Year33.2%33.2%-2.3%-5.2%11.3%8.9%
3 Year-17.1%-17.1%9.5%3.8%46.3%36.8%
5 Year128.8%128.8%-0.7%-8.3%62.1%44.3%

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?

4.88x

Price to Book (PB) 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 unprofitable, so we can't compare its PE Ratio to the 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 (4.9x) compared to the US Metals and Mining industry average (1.4x).


Next Steps

Future Growth

How is Vista Gold forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

6.0%

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?

7.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VGZ is unprofitable, but has reduced losses over the past 5 years at a rate of 7.9% 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 (26.8%).


Return on Equity

High ROE: VGZ has a negative Return on Equity (-71.92%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: VGZ is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: VGZ is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Vista Gold's financial position?


Financial Position Analysis

Short Term Liabilities: VGZ's short term assets ($10.4M) exceeds its short term liabilities ($838.0K)

Long Term Liabilities: VGZ's short term assets (10.4M) exceeds its long term liabilities (1.4M)


Debt to Equity History and Analysis

Debt Level: VGZ is debt free.

Reducing Debt: VGZ had no debt 5 years ago.


Balance Sheet

Inventory Level: VGZ has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if VGZ's debt is covered by short term assets.


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 sufficient cash runway for 1.401285 years if free cash flow continues to reduce at historical rates of -20.1% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Vista Gold's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Fred Earnest (57yo)

7.8yrs

Tenure

US$679,199

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 and serves as its President. Mr. Earnest served as President at Vista Gold ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Fred's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Fred's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

3.8yrs

Average Tenure

Experienced Management: VGZ's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

11.9yrs

Average Tenure

66yo

Average Age

Experienced Board: VGZ's board of directors are seasoned and experienced ( 11.9 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$4,26124 Jun 19
John Engele
EntityIndividual
Shares5,300
Max PriceUS$0.82
SellUS$6,80014 Jun 19
John Engele
EntityIndividual
Shares10,000
Max PriceUS$0.68
SellUS$7,10014 Jun 19
John Engele
EntityIndividual
Shares10,000
Max PriceUS$0.72
SellUS$13,81719 Mar 19
John Engele
EntityIndividual
Shares18,300
Max PriceUS$0.76
SellUS$5,09218 Mar 19
John Engele
EntityIndividual
Shares6,700
Max PriceUS$0.76

Ownership Breakdown


Management Team

  • Doug Tobler

    Chief Financial Officer

    • Tenure: 0.3yrs
  • Fred Earnest (57yo)

    President

    • Tenure: 7.8yrs
    • Compensation: US$679.20k
  • Pamela Solly

    VP of Investor Relations

    • Tenure: 0.5yrs
  • John Rozelle (64yo)

    Senior Vice President

    • Tenure: 7.2yrs
    • Compensation: US$357.91k

Board Members

  • Michael Richings (74yo)

    Non-Executive Chairman

    • Tenure: 11.9yrs
    • Compensation: US$102.27k
  • Tom Ogryzlo (79yo)

    Independent Director

    • Tenure: 24.4yrs
    • Compensation: US$78.27k
  • Randy Eppler (65yo)

    Independent Director

    • Tenure: 15yrs
    • Compensation: US$90.27k
  • John Clark (64yo)

    Independent Director

    • Tenure: 18.4yrs
    • Compensation: US$81.27k
  • Fred Earnest (57yo)

    President

    • Tenure: 7.8yrs
    • Compensation: US$679.20k
  • Deborah Friedman (66yo)

    Director

    • Tenure: 0.6yrs
  • Tracy Stevenson (68yo)

    Independent Director

    • Tenure: 11.9yrs
    • Compensation: US$84.65k

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$78.319m
  • Shares outstanding: 100.54m
  • 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

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. Its flagship asse ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:47
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.