# Vista Gold Corp. (VGZ.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$3.11, market value C$454 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Vista Gold Corp. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / book: 6.5×**. The shares trade at 6.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -2.5%** (5-yr avg -7.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: -49.6%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -625.7%**. Return on all capital, debt included, is -625.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -46.1%**. Each dollar of assets produces -46.1% of profit.

## Growth
- **EPS growth (1 yr): -166.9%**. Earnings per share fell 166.9%.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.5×**. It would take 1.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 12.97** (quick 12.97). Current assets cover the next year's liabilities 12.97 times.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Vista Gold Corp. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 66.3%** (YTD 16.5%, 3-mo 4.0%). The shares are up 66.3% over twelve months including dividends.
- **From 52-week high: -26.8%** (62.8% above the low). Trading 27% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 3.70** (volatility 84%). Beta of 3.70 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=VGZ.TO · Page: https://foliofundamentals.com/stocks/vgz.to

Not investment advice.