Vista Gold, a pre-revenue development-stage company, reported a net loss of $3.0 million, or $0.02 per share, for the second quarter of 2026. The company ended the quarter with no debt and a significantly increased cash balance of $49.5 million.

Key Highlights

  • Reported a Q2 net loss of $3.0 million ($0.02 per share), an increase from the $2.4 million net loss in the prior-year quarter.
  • Ended the quarter with cash and cash equivalents of $49.5 million, a substantial increase from $13.6 million at the end of 2025.
  • Advanced the Mt Todd gold project with progress on permitting and technical programs, targeting the start of detailed engineering and design in 2027.