Vista Gold Q2 FY26 net loss widens to USD 2.96 million
VGZ•Cash position remains strong
Cash totaled USD 49.54 million at June 30, with USD 48.52 million in working capital and no debt. Detailed engineering and design are targeted for 2027.
Quarterly loss widens as project costs rise
Vista Gold posted a wider Q2 net loss of USD 2.96 million, or USD 0.02 per share.
- Exploration, property evaluation and holding costs rose to USD 2.5 million, driven by added Australia personnel and higher power costs.
- Corporate administration expenses increased to USD 846,000 on higher legal, consulting and board costs tied to pre-development work at Mt Todd.
- Interest income climbed to USD 466,000 following higher invested cash balances from the March 2026 offering.
