What is Vista Gold Corp.'s earnings per share (EPS)?

Vista Gold Corp. (VGZ) reported diluted earnings per share of -$0.06 for fiscal year 2025. This represents a -166.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Vista Gold Corp. (VGZ) Financials

VGZ

FY2025 annual

Revenue $0 YoY not available

Net Income -$7.5M -166.7% YoY

EPS (Diluted) -$0.06 -166.7% YoY

Free Cash Flow -$7.2M -18.5% YoY

Market Cap $378.1M as of Oct 14, 2026

Price / Sales n/m revenue is not positive, FY2025

Price / Earnings n/m net loss, so no earnings multiple, FY2025

Price / Book 7.4x on $50.8M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 29, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VGZ SEC filings page.

Vista Gold Corp. (VGZ) reported $0 in revenue for fiscal year 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VGZ FY2025 2026-10-03

Vista Gold operates without reported revenue, funding recurring cash outflows mainly through financing rather than a debt-heavy balance sheet.

FY2024’s accounting profit did not represent operating cash generation: net income was $11.2M while operating cash flow remained an outflow of $5.7M. The reversal to a FY2025 net loss of $7.5M, alongside a $6.6M operating cash outflow, makes the 2024 result look non-recurring rather than evidence of an operating earnings engine.

The balance sheet is lightly leveraged, with a debt-to-equity ratio of 0.1x and a current ratio of 13.0x in FY2025. Reported liquidity equaled 24.7 months of the latest annual operating outflow, describing substantial short-term funding capacity without implying future operating performance.

Cash consumption is not primarily capital-intensive yet: FY2025 capital expenditures were $592K, far below the $6.6M operating cash outflow. Meanwhile, the share count rose from 123.8M to 144.9M and financing provided $4.0M, indicating that external funding—not internally generated cash—supported the latest period.

Financial Health Signals

Financial health score not available

Vista Gold Corp. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Safe

153.39

Vista Gold Corp. scores 153.39, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($378.1M) relative to total liabilities ($1.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

1/7

Vista Gold Corp. passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

Vista Gold Corp. reported a net loss of $7.5M while operations used $6.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

Vista Gold Corp. generated $0 in revenue in Q2 2026.

EBITDA

-$3.4M

YoY-36.1%

QoQ-2.0%

Vista Gold Corp.'s EBITDA was -$3.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 36.1% from the same quarter a year earlier. Against the prior quarter it is down 2.0%.

Net Income

-$3.0M

YoY-25.5%

QoQ+6.0%

Vista Gold Corp. reported -$3.0M in net income in Q2 2026. This represents a decrease of 25.5% from the same quarter a year earlier. Against the prior quarter it is up 6.0%.

EPS (Diluted)

-$0.02

YoY0.0%

QoQ0.0%

Vista Gold Corp. earned -$0.02 per diluted share (EPS) in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Cash & Balance Sheet

Cash & Debt

$49.5M

YoY+275.0%

QoQ-6.1%

5Y CAGR+51.2%

10Y CAGR+43.3%

Vista Gold Corp. held $49.5M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

146M

YoY+16.6%

QoQ0.0%

5Y CAGR+4.5%

10Y CAGR+5.8%

Vista Gold Corp. had 146M shares outstanding in Q2 2026. This represents an increase of 16.6% from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Return on Equity

-5.8%

YoY+11.1pp

QoQ+0.1pp

Vista Gold Corp.'s ROE was -5.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 11.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Net Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

VGZ Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VGZ quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	N/A	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$4.8M-30.7%	$6.9M	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$4.8M+30.7%	-$6.9M	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$3.6M-1.4%	$3.7M+4.5%	$3.5M-7.0%	$3.8M-4.5%	$3.9M+4.4%	$3.8M-4.1%	$3.9M-3.2%	$4.1M+15.5%	$3.5M+19.8%	$2.9M-24.3%	$3.9M+2.4%	$3.8M-31.3%	$5.5M-31.7%	$8.1M+27.0%	$6.4M
Operating Income	N/A	-$9.3M-188.2%	$10.5M+255.8%	-$6.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$14.2M+35.8%	-$22.1M+34.0%	-$33.5M-168.1%	$49.2M
EBITDA	N/A	-$9.2M-186.9%	$10.6M+257.5%	-$6.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$13.4M+36.8%	-$21.1M+35.9%	-$32.9M-166.4%	$49.7M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$78K-85.7%	$547K	N/A	$120K
Income Tax	N/A	N/A	$0	$0	$0	$0	$0	$0	N/A	N/A	N/A	N/A	N/A	-$15.4M+23.7%	-$20.1M-156.7%	$35.5M
Net Income	N/A	-$7.5M-166.7%	$11.2M+270.8%	-$6.6M-33.5%	-$4.9M+67.6%	-$15.2M-3727.9%	$420K+104.5%	-$9.4M-7.7%	-$8.7M+27.6%	-$12.0M-284.1%	-$3.1M-409.9%	$1.0M+105.3%	-$18.9M+68.2%	-$59.5M+15.8%	-$70.7M-237.1%	$51.5M
EPS (Basic)	N/A	-$0.06-166.7%	$0.09+280.0%	-$0.05-25.0%	-$0.04+71.4%	-$0.14	$0.00+100.0%	-$0.090.0%	-$0.09+25.0%	-$0.12-200.0%	-$0.04-500.0%	$0.01+104.3%	-$0.23+68.5%	-$0.73+23.2%	-$0.95-226.7%	$0.75
EPS (Diluted)	-$0.06	-$0.06-166.7%	$0.09+280.0%	-$0.05-25.0%	-$0.04+71.4%	-$0.14	$0.00+100.0%	-$0.090.0%	-$0.09+25.0%	-$0.12-200.0%	-$0.04-500.0%	$0.01+104.3%	-$0.23+68.5%	-$0.73+23.2%	-$0.95-228.4%	$0.74
Diluted Shares (Avg)	N/A	125M-0.4%	126M+4.3%	120M+2.1%	118M+7.0%	110M+5.5%	104M+3.9%	101M+0.8%	100M+1.1%	99M+10.7%	89M+6.3%	84M+1.8%	82M+0.6%	82M+10.0%	74M+7.3%	69M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$0	$0	N/A	$0	$0	$0	N/A	$0
SG&A Expenses	$846K+24.8%	$1.6M+25.7%	N/A	$846K+14.6%	$678K-13.0%	$1.3M+3.3%	N/A	$738K+10.8%
Operating Income	-$3.4M-37.5%	-$3.3M-16.2%	N/A	-$2.1M-14.8%	-$2.5M-116.0%	-$2.9M-134.6%	N/A	-$1.8M
EBITDA	-$3.4M-36.1%	-$3.3M-15.8%	N/A	-$2.1M-14.5%	-$2.5M-115.9%	-$2.8M-135.2%	N/A	-$1.8M
Net Income	-$3.0M-25.5%	-$3.1M-16.1%	N/A	-$723K+55.9%	-$2.4M-115.1%	-$2.7M-152.4%	N/A	-$1.6M-12.7%
EPS (Basic)	-$0.020.0%	-$0.020.0%	-$0.01+50.0%	-$0.010.0%	-$0.02-115.4%	-$0.02-100.0%	-$0.02-100.0%	-$0.010.0%
EPS (Diluted)	-$0.020.0%	-$0.020.0%	-$0.010.0%	-$0.01	-$0.02-116.7%	-$0.02-100.0%	-$0.010.0%	-$0.010.0%
Diluted Shares (Avg)	146M+16.8%	132M+6.2%	N/A	125M	125M-0.4%	124M+2.2%	N/A	122M+1.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense, Income Tax.

VGZ Balance Sheet

VGZ quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$16.3M-14.2%	$19.0M+112.4%	$8.9M-18.7%	$11.0M-32.8%	$16.3M-5.1%	$17.2M+3.3%	$16.7M-24.6%	$22.1M-28.9%	$31.1M-25.2%	$41.6M+49.3%	$27.9M+6.7%	$26.1M-50.8%	$53.1M-60.1%	$133.1M-26.3%	$180.6M
Current Assets	$14.1M-19.2%	$17.5M+168.7%	$6.5M-24.7%	$8.6M-38.0%	$14.0M+48.3%	$9.4M+6.6%	$8.8M-37.3%	$14.1M-33.4%	$21.1M-28.5%	$29.5M+94.2%	$15.2M+33.8%	$11.4M+15.4%	$9.8M-89.2%	$91.4M+353.3%	$20.2M
Cash & Equivalents	$13.6M-19.6%	$16.9M+179.3%	$6.1M-25.2%	$8.1M-36.4%	$12.8M+64.4%	$7.8M+451.3%	$1.4M+31.5%	$1.1M-25.2%	$1.4M-24.8%	$1.9M+111.1%	$902K-75.7%	$3.7M-32.2%	$5.5M-70.1%	$18.3M+2.3%	$17.9M
Short-Term Investments	$0	$0	$0	$0-100.0%	$384K-4.0%	$400K-87.7%	$3.3M-53.4%	$7.0M-53.8%	$15.1M-31.1%	$22.0M+83.3%	$12.0M+8651.8%	$137K-22.2%	$176K-71.9%	$626K-36.5%	$986K
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$1.2M+9.3%	$1.1M-73.2%	$4.0M+316.2%	$957K-53.3%	$2.0M+48.6%	$1.4M-65.8%	$4.0M+363.1%	$872K-57.6%	$2.1M+90.0%	$1.1M+34.9%	$803K-2.9%	$827K-91.8%	$10.1M-68.2%	$31.7M-19.4%	$39.4M
Current Liabilities	$1.1M+4.3%	$1.0M+11.4%	$939K+0.6%	$933K-47.8%	$1.8M+58.8%	$1.1M+5.2%	$1.1M+22.7%	$872K-57.6%	$2.1M+90.0%	$1.1M+34.9%	$803K-2.9%	$827K-32.3%	$1.2M-96.1%	$31.1M+864.5%	$3.2M
Non-Current Liabilities	$75K+257.1%	$21K-99.3%	$3.0M+12583.3%	$24K-90.8%	$261K+3.2%	$253K-91.5%	$3.0M	$0	$0	$0	$0	$0-100.0%	$8.9M+1295.1%	$635K-98.2%	$36.2M
Total Equity	$15.1M-15.6%	$17.9M+261.7%	$5.0M-50.6%	$10.0M-29.8%	$14.3M-9.8%	$15.9M+25.3%	$12.6M-40.5%	$21.3M-26.9%	$29.1M-28.2%	$40.5M+49.7%	$27.1M+7.0%	$25.3M-41.2%	$43.0M-57.6%	$101.3M-28.2%	$141.2M
Retained Earnings	-$467.7M-1.6%	-$460.2M+2.4%	-$471.4M-1.4%	-$464.8M-1.1%	-$459.9M-3.4%	-$444.6M+0.1%	-$445.1M-2.2%	-$435.7M-2.0%	-$427.0M-2.9%	-$414.9M-0.8%	-$411.8M+0.2%	-$412.8M-4.8%	-$393.9M-17.8%	-$334.4M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$52.3M+245.3%	$55.3M+225.1%	$16.3M-14.2%	$15.9M-21.1%	$15.2M-27.7%	$17.0M+10.9%	$19.0M+112.4%	$20.1M+168.6%
Current Assets	$50.0M+269.5%	$53.2M+246.0%	$14.1M-19.2%	$13.9M-27.4%	$13.5M-34.2%	$15.4M+24.3%	$17.5M+168.7%	$19.2M+273.5%
Cash & Equivalents	$49.5M+275.0%	$52.7M+252.2%	$13.6M-19.6%	$13.7M-27.6%	$13.2M-34.7%	$15.0M+25.7%	$16.9M+179.3%	$19.0M+291.0%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$1.6M+24.0%	$1.9M+34.1%	$1.2M+9.3%	$1.2M+8.8%	$1.3M+51.0%	$1.4M-87.3%	$1.1M-73.2%	$1.1M+11.9%
Current Liabilities	$1.5M+19.2%	$1.8M+30.4%	$1.1M+4.3%	$1.1M+4.4%	$1.2M+52.7%	$1.4M+19.5%	$1.0M+11.4%	$1.1M+14.3%
Non-Current Liabilities	$95K+227.6%	$86K+244.0%	$75K+257.1%	$70K+233.3%	$29K+3.6%	$25K-99.8%	$21K-99.3%	$21K-46.2%
Total Equity	$50.8M+265.3%	$53.4M+242.5%	$15.1M-15.6%	$14.7M-22.9%	$13.9M-31.0%	$15.6M+276.6%	$17.9M+261.7%	$19.0M+192.3%
Retained Earnings	-$473.8M-1.8%	-$470.8M-1.7%	-$467.7M-1.6%	-$465.9M-1.6%	-$465.2M-1.8%	-$462.9M+2.0%	-$460.2M+2.4%	-$458.5M+2.4%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.

VGZ Cash Flow Statement

VGZ quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$7.2M	-$6.6M-15.3%	-$5.7M+2.1%	-$5.9M+20.9%	-$7.4M+30.2%	-$10.6M-52.7%	-$7.0M+1.4%	-$7.1M+17.7%	-$8.6M+2.7%	-$8.8M-75.2%	-$5.0M-267.0%	$3.0M+142.6%	-$7.1M+71.2%	-$24.5M+18.7%	-$30.2M-20.7%	-$25.0M
Depreciation & Amortization	N/A	$88K+60.0%	$55K+37.5%	$40K-11.1%	$45K-8.2%	$49K+2.1%	$48K-7.7%	$52K-94.7%	$983K+50.1%	$655K+6.0%	$618K-11.0%	$694K-19.6%	$863K-15.5%	$1.0M+73.3%	$589K+40.2%	$420K
Stock-Based Compensation	N/A	$671K-1.9%	$684K+7.5%	$636K-18.4%	$779K-12.2%	$887K-2.8%	$913K+19.3%	$765K-22.1%	$982K+12.4%	$874K+35.5%	$645K-21.1%	$817K-27.4%	$1.1M+51.8%	$742K-82.4%	$4.2M+109.2%	$2.0M
Capital Expenditures	N/A	$592K+72.1%	$344K+574.5%	$51K+920.0%	$5K-96.4%	$139K+104.4%	$68K+70.0%	$40K-36.5%	$63K	N/A	$37K-72.4%	$134K+1814.3%	$7K	N/A	N/A	N/A
Free Cash Flow	N/A	-$7.2M-18.5%	-$6.1M-2.8%	-$5.9M+20.3%	-$7.4M+31.1%	-$10.8M-53.2%	-$7.0M+1.0%	-$7.1M+17.8%	-$8.6M	N/A	-$5.1M-276.0%	$2.9M+140.7%	-$7.1M	N/A	N/A	N/A
Investing Cash Flow	N/A	-$742K-104.8%	$15.6M+428.8%	$2.9M+2.4%	$2.9M+9.4%	$2.6M-77.4%	$11.6M+57.6%	$7.4M-11.2%	$8.3M-3.4%	$8.6M+187.0%	-$9.9M-69.6%	-$5.8M-150.0%	$11.6M+131.0%	$5.0M+31.3%	$3.8M+194.9%	-$4.0M
Financing Cash Flow	$44.4M	$4.0M+293.7%	$1.0M+17.5%	$871K+870.8%	-$113K-100.9%	$13.0M+672.4%	$1.7M+12830.8%	$13K+113.4%	-$97K+63.3%	-$264K-101.7%	$15.9M	N/A	-$6.3M-195.2%	$6.7M-75.1%	$26.7M+278.0%	$7.1M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$2.5M-9.8%	-$2.2M-20.9%	-$2.0M-2.4%	-$526K+52.7%	-$2.3M-66.7%	-$1.8M-38.1%	-$1.9M-8.8%	-$1.1M-1.6%
Depreciation & Amortization	$67K+191.3%	$36K+63.6%	$21K+40.0%	$22K+57.1%	$23K+64.3%	$22K+83.3%	$15K+50.0%	$14K+40.0%
Stock-Based Compensation	$359K+201.7%	$443K+23.4%	N/A	$115K+9.5%	$119K-33.5%	$359K+23.4%	N/A	$105K+4.0%
Capital Expenditures	N/A	N/A	$206K+12.0%	$336K+330.8%	$16K-48.4%	$34K-33.3%	$184K+2200.0%	$78K
Free Cash Flow	N/A	N/A	-$2.2M-3.2%	-$862K+27.6%	-$2.3M-64.1%	-$1.9M-35.4%	-$2.1M-18.7%	-$1.2M
Investing Cash Flow	N/A	N/A	-$206K+62.3%	-$336K+39.2%	-$16K-100.2%	-$184K-102.5%	-$546K-118.2%	-$553K
Financing Cash Flow	-$349K-163.2%	$41.3M+172012.5%	$2.1M+344.3%	$1.4M+246.3%	$552K+126.2%	$24K+128.2%	$469K	$395K

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

VGZ Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VGZ quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Return on Equity	-49.6%-112.5pp	62.8%+195.8pp	-133.0%-83.8pp	-49.2%+57.4pp	-106.6%-109.3pp	2.6%+76.9pp	-74.2%-33.2pp	-41.0%+0.4pp	-41.4%-33.7pp	-7.7%-11.5pp	3.7%+78.6pp	-74.9%+63.4pp	-138.3%-68.6pp	-69.7%-106.2pp	36.5%
Return on Assets	-46.1%-105.4pp	59.3%+133.0pp	-73.7%-28.8pp	-44.9%+48.4pp	-93.2%-95.7pp	2.4%+58.7pp	-56.3%-16.9pp	-39.4%-0.7pp	-38.6%-31.1pp	-7.5%-11.2pp	3.6%+76.1pp	-72.5%+39.6pp	-112.0%-58.9pp	-53.1%-81.6pp	28.5%
Current Ratio	12.97-3.8x	16.73+9.8x	6.94-2.3x	9.27+1.5x	7.80-0.6x	8.35+0.1x	8.25-7.9x	16.14+5.9x	10.26-17.0x	27.26+8.3x	18.93+5.2x	13.74+5.7x	8.06+5.1x	2.94-3.3x	6.26
Debt-to-Equity	0.080.0x	0.06-0.7x	0.80+0.7x	0.100.0x	0.14+0.1x	0.09-0.2x	0.32+0.3x	0.040.0x	0.070.0x	0.030.0x	0.030.0x	0.03-0.2x	0.23-0.1x	0.310.0x	0.28
Asset Turnover	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.00	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Return on Equity	-5.8%+11.1pp	-5.9%+11.5pp	N/A	-4.9%+3.7pp	-17.0%-94.6pp	-17.4%+8.6pp	N/A	-8.6%+13.8pp
Return on Assets	-5.7%+9.9pp	-5.7%+10.2pp	N/A	-4.6%+3.6pp	-15.6%-90.1pp	-15.9%-8.9pp	N/A	-8.2%+11.3pp
Current Ratio	34.21+23.2x	29.22+18.2x	12.97-3.8x	12.35-5.4x	11.03-14.6x	11.01+0.4x	16.73+9.8x	17.76+12.3x
Debt-to-Equity	0.03-0.1x	0.04-0.1x	0.080.0x	0.080.0x	0.090.0x	0.09-2.6x	0.06-0.7x	0.06-0.1x
Asset Turnover	0.000.0x	0.000.0x	N/A	0.000.0x	0.000.0x	0.000.0x	N/A	0.000.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Vista Gold Corp. VGZ	FY2025	$0	-$7.5M	N/A	$378.1M	—
U.S. Gold Corp. USAU	FY2026	N/A	-$17.2M	N/A	$229.7M	—
Hycroft Mining Holding Corporation HYMC	FY2025	N/A	-$40.7M	N/A	$1.7B	—
TRX Gold Corporation TRX	FY2025	$57.6M	$6.6M	11.4%	$376.6M	40/100

Where Vista Gold Corp. Ranks

Frequently Asked Questions

What is Vista Gold Corp.'s annual revenue?

Vista Gold Corp. (VGZ) reported $0 in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is Vista Gold Corp. profitable?

No, Vista Gold Corp. (VGZ) reported a net income of -$7.5M in fiscal year 2025.

What is Vista Gold Corp.'s EBITDA?

Vista Gold Corp. (VGZ) had EBITDA of -$9.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Vista Gold Corp.'s return on equity (ROE)?

Vista Gold Corp. (VGZ) has a return on equity of -49.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Vista Gold Corp.'s free cash flow?

Vista Gold Corp. (VGZ) recorded an outflow of $7.2M in free cash flow during fiscal year 2025. This represents a -18.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Vista Gold Corp.'s operating cash flow?

Vista Gold Corp. (VGZ) recorded an outflow of $6.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Vista Gold Corp.'s total assets?

Vista Gold Corp. (VGZ) had $16.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Vista Gold Corp.'s capital expenditures?

Vista Gold Corp. (VGZ) invested $592K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Vista Gold Corp. have outstanding?

Vista Gold Corp. (VGZ) had 145M shares outstanding as of fiscal year 2025.

What is Vista Gold Corp.'s current ratio?

Vista Gold Corp. (VGZ) had a current ratio of 12.97 as of fiscal year 2025, which is generally considered healthy.

What is Vista Gold Corp.'s debt-to-equity ratio?

Vista Gold Corp. (VGZ) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Vista Gold Corp.'s return on assets (ROA)?

Vista Gold Corp. (VGZ) had a return on assets of -46.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Vista Gold Corp.'s P/E ratio?

Vista Gold Corp. (VGZ) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $378.1M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Vista Gold Corp.'s price-to-sales ratio?

Vista Gold Corp. (VGZ) has no price-to-sales ratio at the moment: revenue is not positive (FY2025). The market capitalization is $378.1M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Vista Gold Corp.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Vista Gold Corp. (VGZ) held $13.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $6.6M over that year. Dividing the one by the other, the reported balance equals about 25 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Vista Gold Corp.'s Altman Z-Score?

Vista Gold Corp. (VGZ) has an Altman Z-Score of 153.39, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Vista Gold Corp.'s Piotroski F-Score?

Vista Gold Corp. (VGZ) has a Piotroski F-Score of 1 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Vista Gold Corp.'s earnings high quality?

Vista Gold Corp. (VGZ) reported a net loss of $7.5M while operations used $6.6M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.