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Vista Gold (TSE:VGZ)
:VGZ
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-0.01Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2018
|% Change Since: -15.31%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong drilling results, a robust financial position, and favorable market conditions due to rising gold prices. Despite a slight increase in net loss, the company's advancements in exploration and ESG achievements showcase potential for future growth.Company Guidance
During the Q3 2024 earnings call for Vista Gold, the company provided guidance on their Mt Todd project, focusing on a smaller scale development plan targeting 150,000 to 200,000 ounces of gold production annually. They are nearing completion of a 6,000 to 7,000-meter drilling program and have announced promising Phase 1 and Phase 2 drilling results, including high-grade intercepts in the South Cross Lode zone. The company ended the quarter with $19 million in cash and no debt, while reporting a net loss of $1.6 million. Vista plans to initiate a feasibility study for a scaled-down project with daily throughput of 12,000 to 17,000 tonnes and an initial capital cost of less than $400 million. They highlighted the potential for increased shareholder value in light of higher gold prices, which have risen by 50% over the past two years, and the scarcity of new major gold deposit discoveries.Positive Drilling Results
The completed Phase 1 drilling confirmed the extension of the core zone and mineralized boundaries in the northern section of the Batman deposit, with gold grades exceeding expectations. Interim Phase 2 drilling results identified multiple high-grade intercepts, including 0.5 meters with 50 grams per tonne.
Strong Financial Position
Vista ended the quarter with $19 million in cash and no debt, maintaining a strong balance sheet.
Increased Gold Price Impact
The gold price has increased by 50% over the last two years, with the current price over $2,700 per ounce, leading to increased margins and potential for greater value recognition.
ESG and Safety Achievements
Vista reported no lost time accidents year-to-date, reaching 1,077 consecutive accident-free days at the Mt Todd site.
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TSE:VGZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:VGZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 23, 2024 | C$0.98 | C$0.96 | -2.04% |
| Jul 29, 2024 | C$0.74 | C$0.73 | -1.35% |
| May 02, 2024 | C$0.70 | C$0.68 | -2.86% |
| Mar 14, 2024 | C$0.63 | C$0.68 | +7.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Vista Gold (TSE:VGZ) report earnings?
Vista Gold (TSE:VGZ) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Vista Gold (TSE:VGZ) earnings time?
Vista Gold (TSE:VGZ) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:VGZ EPS forecast?
Currently, no data Available
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