Vista Gold reports 2022 net loss of $4.9M, cash at $8.1M; advances Mt Todd feasibility and strategic process

VISTA GOLD CORP

2022-FY EPS reported -$0.04

Net loss of $4.9M ($0.04/share) vs $15.2M ($0.14) in 2021; cash $8.1M, down from $13.1M; no debt.
Completed feasibility study for Mt Todd gold project; retained CIBC Capital Markets as strategic advisor.
Recurring costs reduced ~15% below plan in 2022; further 7% reduction targeted for 2023.
Drilling program completed within 5.4 km trend north of Batman pit; four prospective exploration targets identified.
Evaluating a smaller-scale project with lower initial capital to attract potential partners.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

VISTA GOLD CORP reported the year ended December 31, 2022 results: net income net loss of $4.9 million, EPS $0.04 per common share.

Period: the year ended December 31, 2022
Net income: net loss of $4.9 million
EPS: $0.04 per common share
Result: reported results

Exact text from the filing

Vista reported a consolidated net loss of $4.9 million, or $0.04 per common share, for the year ended December 31, 2022

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Source: SEC EDGAR

accession 0000783324-23-000011

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