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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: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
78% Confidence
N/A
SELL
78% Conf
Pending
Analysis scheduled

📊 VGZ Key Takeaways

Revenue: $0.0
Net Margin: N/A
Free Cash Flow: $-2.8M
Current Ratio: 29.22x
Debt/Equity: 0.00x
EPS: $-0.02
AI Rating: SELL with 78% confidence
Vista Gold Corp. (VGZ) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $0, and return on equity (ROE) of -5.9%, 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 burning $2.2M annually in operating cash flow with zero revenue. While the company maintains an exceptionally strong balance sheet with $52.7M in cash and minimal debt, the lack of revenue generation, persistent operating losses, and undefined timeline to production viability represent substantial execution risk typical of early-stage exploration companies.

Why Buy Vista Gold Corp. Stock? VGZ Key Strengths

Claude
  • + Fortress balance sheet with $52.7M cash and only $1.9M liabilities providing significant financial runway
  • + Zero long-term debt and excellent liquidity position (29.22x current ratio) de-risks near-term solvency concerns
  • + Minimal financial obligations allow extended exploration phase without immediate pressure to commercialize

VGZ Stock Risks: Vista Gold Corp. Investment Risks

Claude
  • ! Zero revenue and no clear path to profitability; ongoing $3.1M annual net losses indicate substantial cash burn
  • ! Negative $2.2M operating cash flow with capital expenditure requirements consuming liquidity despite large cash position
  • ! Exploration stage company with inherent execution risk; success depends on mining development viability, regulatory approval, and commodity price environment

Key Metrics to Watch

Claude
  • * Timeline and feasibility milestones toward mine development and production
  • * Quarterly cash burn rate and projected runway remaining at current burn rate
  • * Exploration results, ore reserve estimates, and technical progress reports

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

Revenue
$0.0
Net Income
$-3.1M
EPS (Diluted)
$-0.02
Free Cash Flow
$-2.8M
Total Assets
$55.3M
Cash Position
$52.7M

💡 AI Analyst Insight

Strong liquidity with a 29.22x 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 -5.9%
ROA -5.7%
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 -5.9%
vs
Sector Avg 15.0%
VGZ Sector
Current Ratio
VGZ 29.2x
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
-5.9%
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
29.22x
Quick Ratio
29.22x
Debt/Equity
0.00x
Debt/Assets
3.4%
Interest Coverage
-42.58x
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
Q1 2026 N/A -$2.7M $-0.02
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

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
-$2.2M
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
Apr 30, 2026 8-K vgz-20260430x8k.htm View →
Apr 30, 2026 10-Q vgz-20260331x10q.htm View →
Apr 28, 2026 8-K vgz-20260428x8k.htm View →
Mar 17, 2026 4 xslF345X05/form4.xml 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 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are VGZ's key strengths?

Claude: Fortress balance sheet with $52.7M cash and only $1.9M liabilities providing significant financial runway. Zero long-term debt and excellent liquidity position (29.22x current ratio) de-risks near-term solvency concerns.

What are the risks of investing in VGZ?

Claude: Zero revenue and no clear path to profitability; ongoing $3.1M annual net losses indicate substantial cash burn. Negative $2.2M operating cash flow with capital expenditure requirements consuming liquidity despite large cash position.

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 $-0.02.

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 May 2026, Vista Gold Corp. has a SELL rating with 78% 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 -5.9% (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 $-2.2M, 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 -5.9% (avg: 15%), current ratio 29.22 (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: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI