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Vista Gold Corp. (VGZ) Stock Fundamental Analysis & AI Rating 2026

VGZ NYSE Gold and Silver Ores CIK: 0000783324
Recently Updated • Analysis: Apr 18, 2026 • SEC Data: 2025-12-31
SELL
87% Conf
Pending
Analysis scheduled

📊 VGZ Key Takeaways

Revenue: $0.0
Net Margin: N/A
Free Cash Flow: $-7.2M
Current Ratio: 12.97x
Debt/Equity: 0.00x
EPS: $-0.06
AI Rating: SELL with 87% confidence
Vista Gold Corp. (VGZ) receives a SELL rating with 87% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $0, and return on equity (ROE) of -49.6%, Vista Gold Corp. demonstrates mixed fundamentals in the Market sector. Below is our complete VGZ stock analysis for 2026.

Is Vista Gold Corp. (VGZ) a Good Investment?

Claude

Vista Gold is a pre-revenue mining exploration company with zero operating revenues and significant cash burn (-$7.2M FCF). While the balance sheet remains strong with $13.6M in cash and no debt, the company's ~2-year cash runway at current burn rates combined with absent revenue generation and negative operating performance presents unsustainable fundamentals. Without demonstrated progress toward commercial production, the company faces continued shareholder dilution and deteriorating financial position.

Why Buy Vista Gold Corp. Stock? VGZ Key Strengths

Claude
  • + Strong liquidity position with $13.6M cash representing 83% of total assets
  • + Zero debt and no financial leverage, eliminating refinancing and solvency risk
  • + Conservative capital structure with low liabilities ($1.2M) relative to equity ($15.1M)

VGZ Stock Risks: Vista Gold Corp. Investment Risks

Claude
  • ! Complete absence of revenue generation with negative operating income of -$9.3M
  • ! Significant cash burn with operating cash flow of -$6.6M and free cash flow of -$7.2M annually
  • ! Limited cash runway of approximately 2 years at current burn rate before potential financial distress

Key Metrics to Watch

Claude
  • * Quarterly operating cash flow and monthly cash burn rate to assess runway extension
  • * Exploration project development milestones and path to commercial production
  • * Changes in cash position and any capital raises indicating dilution or funding needs

Vista Gold Corp. (VGZ) Financial Metrics & Key Ratios

Revenue
$0.0
Net Income
$-7.5M
EPS (Diluted)
$-0.06
Free Cash Flow
$-7.2M
Total Assets
$16.3M
Cash Position
$13.6M

💡 AI Analyst Insight

Strong liquidity with a 12.97x current ratio provides a solid financial cushion.

VGZ Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -49.6%
ROA -46.1%
FCF Margin N/A

VGZ vs Market Sector: How Vista Gold Corp. Compares

How Vista Gold Corp. compares to Market sector averages

Net Margin
VGZ 0.0%
vs
Sector Avg 12.0%
VGZ Sector
ROE
VGZ -49.6%
vs
Sector Avg 15.0%
VGZ Sector
Current Ratio
VGZ 13.0x
vs
Sector Avg 1.8x
VGZ Sector
Debt/Equity
VGZ 0.0x
vs
Sector Avg 0.7x
VGZ Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Vista Gold Corp. Stock Overvalued? VGZ Valuation Analysis 2026

Based on fundamental analysis, Vista Gold Corp. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-49.6%
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Vista Gold Corp. Balance Sheet: VGZ Debt, Cash & Liquidity

Current Ratio
12.97x
Quick Ratio
12.97x
Debt/Equity
0.00x
Debt/Assets
7.2%
Interest Coverage
-119.13x
Long-term Debt
N/A

VGZ Revenue & Earnings Growth: 5-Year Financial Trend

VGZ 5-year financial data: Year 2021: Revenue $0, Net Income $420.0K, EPS $0.00. Year 2022: Revenue $0, Net Income -$15.2M, EPS $-0.14. Year 2023: Revenue $0, Net Income -$4.9M, EPS $-0.04. Year 2024: Revenue $0, Net Income -$6.6M, EPS $-0.05. Year 2025: Revenue $0, Net Income $11.2M, EPS $0.09.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Vista Gold Corp.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $0.09 reflects profitable operations.

VGZ Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

VGZ Quarterly Earnings & Performance

Quarterly financial performance data for Vista Gold Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 N/A -$723.0K $-0.01
Q2 2025 N/A -$2.4M $-0.02
Q1 2025 N/A -$1.1M $-0.01
Q3 2024 N/A -$1.5M $-0.01
Q2 2024 N/A -$1.5M $-0.01
Q1 2024 N/A -$1.1M $-0.01
Q3 2023 N/A -$1.5M $-0.01
Q2 2023 N/A -$1.4M $-0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Vista Gold Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$6.6M
Cash generated from operations
Capital Expenditures
$592.0K
Investment in assets
Dividends
None
No dividend program

VGZ SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Vista Gold Corp. (CIK: 0000783324)

📋 Recent SEC Filings

Date Form Document Action
Mar 17, 2026 4 xslF345X05/form4.xml View →
Mar 17, 2026 4 xslF345X05/form4.xml View →
Mar 17, 2026 4 xslF345X05/form4.xml View →
Mar 17, 2026 DEF 14A vgz-20260428xdef14a.htm View →
Mar 17, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about VGZ

What is the AI rating for VGZ?

Vista Gold Corp. (VGZ) has an AI rating of SELL with 87% confidence, based on fundamental analysis of SEC EDGAR filings.

What are VGZ's key strengths?

Claude: Strong liquidity position with $13.6M cash representing 83% of total assets. Zero debt and no financial leverage, eliminating refinancing and solvency risk.

What are the risks of investing in VGZ?

Claude: Complete absence of revenue generation with negative operating income of -$9.3M. Significant cash burn with operating cash flow of -$6.6M and free cash flow of -$7.2M annually.

What is VGZ's revenue and growth?

Vista Gold Corp. reported revenue of $0.0.

Does VGZ pay dividends?

Vista Gold Corp. does not currently pay dividends.

Where can I find VGZ SEC filings?

Official SEC filings for Vista Gold Corp. (CIK: 0000783324) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is VGZ's EPS?

Vista Gold Corp. has a diluted EPS of $-0.06.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is VGZ a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Vista Gold Corp. has a SELL rating with 87% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is VGZ stock overvalued or undervalued?

Valuation metrics for VGZ: ROE of -49.6% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy VGZ stock in 2026?

Our dual AI analysis gives Vista Gold Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is VGZ's free cash flow?

Vista Gold Corp.'s operating cash flow is $-6.6M, with capital expenditures of $592.0K.

How does VGZ compare to other Market stocks?

Vs Default sector averages: Net margin N/A (avg: 12%), ROE -49.6% (avg: 15%), current ratio 12.97 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 18, 2026 | Data as of: 2025-12-31 | Powered by Claude AI