Vista Gold Q1 2024 net loss narrows to $1.1M; cash rises to $11.9M

VISTA GOLD CORP

2024-Q1 EPS reported -$0.01

Net loss of $1.1M ($0.01/sh) improved from $2.0M loss ($0.02/sh) in Q1 2023.
Cash and equivalents $11.9M at March 31, 2024, up from $6.1M at Dec 31, 2023; no debt.
Received $7M second royalty payment; expects final $10M payment to further strengthen balance sheet.
Updated Mt Todd feasibility study shows project economics similar to or slightly better than two years ago.
Commenced drilling program targeting shallow gold resources at Batman deposit.

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 quarter ended March 31, 2024 results: net income consolidated net loss of $1.1 million, or $0.01 per common share, EPS $0.01 per common share.

Period: quarter ended March 31, 2024
Net income: consolidated net loss of $1.1 million, or $0.01 per common share
EPS: $0.01 per common share
Result: reported results

Exact text from the filing

Vista reported a consolidated net loss of $1.1 million, or $0.01 per common share, for the quarter ended March 31, 2024

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Source: SEC EDGAR

accession 0000783324-24-000052

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