Vista Gold Q1 net loss $2.0M ($0.02/share); cash $6.6M; Mt Todd scoping study shows smaller-scale option

VISTA GOLD CORP

2023-Q1 EPS reported -$0.02

Q1 2023 net loss $2.0M ($0.02/share) vs $0.3M loss ($0.00) in Q1 2022; prior year included $2.9M non-recurring gain.
Cash and cash equivalents $6.6M at March 31, 2023 (Dec 31, 2022: $8.1M); no debt outstanding.
Mt Todd scoping study results: initial capex <$350M for 5.2M tpy throughput, 150,000-200,000 oz gold/year.
Surface exploration returned up to 4.0 g/t gold at two targets, highlighting discovery potential.
Management conference call to review results scheduled for May 1, 2023 at 2:00 pm MT.

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 0.95

VISTA GOLD CORP reported the quarter ended March 31, 2023 results: net income $2.0 million, or $0.02 per common share, EPS $0.02 per common share.

Period: the quarter ended March 31, 2023
Net income: $2.0 million, or $0.02 per common share
EPS: $0.02 per common share
Result: reported results

Exact text from the filing

Vista reported a consolidated net loss of $2.0 million, or $0.02 per common share, for the quarter ended March 31, 2023

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Source: SEC EDGAR

accession 0000783324-23-000033

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