Vista Gold (TSE:VGZ) has released an update.
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Vista Gold Corp. reported a substantial net income of $15.6 million for Q2 2024, a notable turnaround from the previous year’s loss, and a strong cash position with $20.2 million in reserves. The company has benefited from the completion of the Mt Todd drilling program and a favorable reduction in mineral royalties by the Northern Territory legislation, promising improved project economics and shareholder returns.
For further insights into TSE:VGZ stock, check out TipRanks’ Stock Analysis page.
