Vista Gold Q2 net income $15.6M; cash rises to $20.2M; NT royalty cut to 3.5%

VISTA GOLD CORP

2024-Q2 EPS reported $0.12

Net income of $15.6M ($0.13 per share) vs. net loss of $1.5M in Q2 2023; includes $16.9M royalty gain.
Cash and cash equivalents total $20.2M at June 30, 2024, up from $6.1M at Dec 31, 2023; no debt.
Final $10M instalment received under royalty agreement; all $20M payments now collected.
NT Mineral Royalties Act reduces Mt Todd royalty to 3.5% (previously ~7% ad valorem), improving project economics.
Phase 1 Mt Todd drilling completed; Phase 2 commenced; results expected in August.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.