Vista Gold Corporation
Vista Gold Corp., together with its subsidiaries, operates as a development-stage company in the gold mining industry in Australia. The company's flagship asset is the 100% owned Mt Todd gold project located in the Northern Territory, Australia. Vista Gold Corp. was incorporated in 1983 and is based in Englewood, Colorado.
Vista Gold Corporation (VGZ) - Net Assets
Latest net assets as of September 2025: $14.66 Million USD
Based on the latest financial reports, Vista Gold Corporation (VGZ) has net assets worth $14.66 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.85 Million) and total liabilities ($1.20 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.66 Million |
| % of Total Assets | 92.45% |
| Annual Growth Rate | -6.25% |
| 5-Year Change | 12.97% |
| 10-Year Change | -33.84% |
| Growth Volatility | 68.59 |
Vista Gold Corporation - Net Assets Trend (1996–2024)
This chart illustrates how Vista Gold Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vista Gold Corporation (1996–2024)
The table below shows the annual net assets of Vista Gold Corporation from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.91 Million | +261.68% |
| 2023-12-31 | $4.95 Million | -50.63% |
| 2022-12-31 | $10.03 Million | -29.84% |
| 2021-12-31 | $14.29 Million | -9.82% |
| 2020-12-31 | $15.85 Million | +25.34% |
| 2019-12-31 | $12.65 Million | -40.50% |
| 2018-12-31 | $21.25 Million | -26.92% |
| 2017-12-31 | $29.08 Million | -28.23% |
| 2016-12-31 | $40.52 Million | +49.73% |
| 2015-12-31 | $27.07 Million | +7.05% |
| 2014-12-31 | $25.28 Million | -41.22% |
| 2013-12-31 | $43.01 Million | -57.56% |
| 2012-12-31 | $101.34 Million | -28.24% |
| 2011-12-31 | $141.22 Million | +46.64% |
| 2010-12-31 | $96.31 Million | +44.87% |
| 2009-12-31 | $66.48 Million | +29.75% |
| 2008-12-31 | $51.24 Million | +1.16% |
| 2007-12-31 | $50.65 Million | -41.86% |
| 2006-12-31 | $87.13 Million | +160.84% |
| 2005-12-31 | $33.40 Million | +53.91% |
| 2004-12-31 | $21.70 Million | 0.00% |
| 2003-12-31 | $21.70 Million | +40.70% |
| 2002-12-31 | $15.43 Million | +64.08% |
| 2001-12-31 | $9.40 Million | -25.82% |
| 2000-12-31 | $12.67 Million | -50.95% |
| 1999-12-31 | $25.84 Million | -52.13% |
| 1998-12-31 | $53.97 Million | -1.86% |
| 1997-12-31 | $55.00 Million | -49.65% |
| 1996-12-31 | $109.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vista Gold Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 44972099376.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $478.06 Million | 2669.69% |
| Total Equity | $17.91 Million | 100.00% |
Vista Gold Corporation Competitors by Market Cap
The table below lists competitors of Vista Gold Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eve Holding Inc
NYSE:EVEX
|
$249.54 Million |
|
Wajax Corporation
PINK:WJXFF
|
$249.54 Million |
|
OCUMENSION THER.DL-00001
F:5DG
|
$249.54 Million |
|
Zhengzhou Tiamaes Technology Co Ltd
SHE:300807
|
$249.56 Million |
|
Aura Biosciences Inc
NASDAQ:AURA
|
$249.36 Million |
|
ALGOMA CENTRL CORP. CD 2
F:ACH
|
$249.34 Million |
|
AUCTION TECH.GRP.LS-0001
F:684
|
$249.29 Million |
|
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd
SHE:002816
|
$249.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vista Gold Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,951,000 to 17,907,000, a change of 12,956,000 (261.7%).
- Net income of 11,249,000 contributed positively to equity growth.
- Share repurchases of 1,108,000 reduced equity.
- New share issuances of 1,108,000 increased equity.
- Other factors increased equity by 1,707,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.25 Million | +62.82% |
| Share Repurchases | $1.11 Million | -6.19% |
| Share Issuances | $1.11 Million | +6.19% |
| Other Changes | $1.71 Million | +9.53% |
| Total Change | $- | 261.68% |
Book Value vs Market Value Analysis
This analysis compares Vista Gold Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 14.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.05x to 14.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $43.69 | $2.08 | x |
| 1997-12-31 | $12.42 | $2.08 | x |
| 1998-12-31 | $12.07 | $2.08 | x |
| 1999-12-31 | $5.56 | $2.08 | x |
| 2000-12-31 | $2.79 | $2.08 | x |
| 2001-12-31 | $2.07 | $2.08 | x |
| 2002-12-31 | $2.28 | $2.08 | x |
| 2003-12-31 | $1.70 | $2.08 | x |
| 2004-12-31 | $1.70 | $2.08 | x |
| 2005-12-31 | $1.78 | $2.08 | x |
| 2006-12-31 | $3.33 | $2.08 | x |
| 2007-12-31 | $1.56 | $2.08 | x |
| 2008-12-31 | $1.49 | $2.08 | x |
| 2009-12-31 | $1.78 | $2.08 | x |
| 2010-12-31 | $2.52 | $2.08 | x |
| 2011-12-31 | $2.04 | $2.08 | x |
| 2012-12-31 | $1.36 | $2.08 | x |
| 2013-12-31 | $0.53 | $2.08 | x |
| 2014-12-31 | $0.31 | $2.08 | x |
| 2015-12-31 | $0.32 | $2.08 | x |
| 2016-12-31 | $0.46 | $2.08 | x |
| 2017-12-31 | $0.29 | $2.08 | x |
| 2018-12-31 | $0.21 | $2.08 | x |
| 2019-12-31 | $0.13 | $2.08 | x |
| 2020-12-31 | $0.15 | $2.08 | x |
| 2021-12-31 | $0.13 | $2.08 | x |
| 2022-12-31 | $0.08 | $2.08 | x |
| 2023-12-31 | $0.04 | $2.08 | x |
| 2024-12-31 | $0.15 | $2.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vista Gold Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 62.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (62.82%) is above the historical average (-38.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -10.80% | -32.42% | 0.30x | 1.13x | $-22.72 Million |
| 1997 | -98.19% | -134.66% | 0.51x | 1.43x | $-59.50 Million |
| 1998 | -2.96% | -4.31% | 0.46x | 1.51x | $-7.00 Million |
| 1999 | -107.20% | -142.05% | 0.58x | 1.29x | $-30.28 Million |
| 2000 | -104.23% | -351.58% | 0.22x | 1.36x | $-14.48 Million |
| 2001 | -34.84% | -357.92% | 0.07x | 1.48x | $-4.22 Million |
| 2002 | -17.99% | -303.28% | 0.04x | 1.34x | $-4.32 Million |
| 2003 | -12.65% | 0.00% | 0.00x | 1.21x | $-4.92 Million |
| 2004 | -12.65% | 0.00% | 0.00x | 1.21x | $-4.92 Million |
| 2005 | -13.72% | 0.00% | 0.00x | 1.14x | $-7.92 Million |
| 2006 | -4.79% | 0.00% | 0.00x | 1.06x | $-12.88 Million |
| 2007 | -28.04% | -934.28% | 0.03x | 1.01x | $-19.27 Million |
| 2008 | -19.46% | -1936.50% | 0.01x | 1.48x | $-15.10 Million |
| 2009 | -2.92% | -25.59% | 0.08x | 1.39x | $-8.59 Million |
| 2010 | -9.98% | -1834.73% | 0.00x | 1.25x | $-19.24 Million |
| 2011 | 36.50% | 9075.00% | 0.00x | 1.28x | $37.42 Million |
| 2012 | -69.72% | 0.00% | 0.00x | 1.31x | $-80.79 Million |
| 2013 | -138.30% | 0.00% | 0.00x | 1.23x | $-63.79 Million |
| 2014 | -74.86% | 0.00% | 0.00x | 1.11x | $-21.45 Million |
| 2015 | 3.74% | 0.00% | 0.00x | 1.03x | $-1.70 Million |
| 2016 | -7.73% | 0.00% | 0.00x | 1.03x | $-7.19 Million |
| 2017 | -41.38% | -3361.73% | 0.01x | 1.07x | $-14.94 Million |
| 2018 | -41.00% | 0.00% | 0.00x | 1.04x | $-10.84 Million |
| 2019 | -74.22% | 0.00% | 0.00x | 1.32x | $-10.65 Million |
| 2020 | 2.65% | 0.00% | 0.00x | 1.09x | $-1.17 Million |
| 2021 | -106.60% | 0.00% | 0.00x | 1.14x | $-16.67 Million |
| 2022 | -49.17% | 0.00% | 0.00x | 1.10x | $-5.93 Million |
| 2023 | -133.00% | 0.00% | 0.00x | 1.80x | $-7.08 Million |
| 2024 | 62.82% | 0.00% | 0.00x | 1.06x | $9.46 Million |
Industry Comparison
This section compares Vista Gold Corporation's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vista Gold Corporation (VGZ) | $14.66 Million | -10.80% | 0.08x | $249.52 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |