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    Stock Alert for Vista Gold Corp. (VGZ)

    Vista Gold Corp. (VGZ) engages in the evaluation, acquisition, exploration and advancement of gold exploration and potential development projects. The Company is focused on the development of its Mt. Todd gold project in Northern Territory, Australia, and its Concordia gold project in Baja California Sur, Mexico, to achieve its goal of becoming a gold producer.  After Midas’ IPO, VGZ holds about 30% of Midas, which has a large exploration property in Idaho, including the Yellow Pine property previously held by the Company.  VGZ’s other holdings include the Guadalupe de los Reyes gold-silver project in Mexico, the Awak Mas gold project in Indonesia and the Long Valley gold project in California.

    Share Statistics (19-Aug-11) FY2009 FY2010 % Chg Q12010 Q12011 % Chg
    Symbol VGZ Revenue, $Mn 0.00 0.00 0.0% 0.00 0.00 0.0%
    Current price $3.14 Gross marg.
    52wk Range: $1.80-$4.28 Oper. margin
    Avg Vol (3m): 599,571 Net margin
    Market Cap. 223.05M
    Shares Outstanding 71.04M EPS, $ -0.17 -0.38 123.5% -0.08 -0.06 -25.0%

    Source: Reuters.com, SEC Filings.

    Investment Highlights

    Shares of VGZ slipped 3.1% in the last five days and dropped 6.3% in the past month. Over the last year, the stock has gained a strong 64.4% in value.

    Shares of the international gold miner jumped in Friday’s trading, gaining 5.02% to close at $3.14.  Over 680K shares traded hands during the session.  The stock has a 52-week range of $1.80 – $4.28.

    VGZ, early this month, reported a swing to a net income of $47.8 million, or $0.69 per basic and diluted share, for the second quarter of 2011, reversing a net loss of $7.3 million, or a $(0.16) loss per basic and diluted share.  Year-to-date, VGZ posted a net income of $43.9 million, or $0.67 per basic share and $0.66 per diluted share, compared to a net loss of $10.8 million, or a $(0.24) loss per basic and diluted share, for the six months ended June 30, 2010.

    The Company attributed the improved results to an unrealized gain of about $78 million that it recognized upon the completion of an asset combination, offset by approximately $23.6 million in net deferred taxes.

    VGZ had completed the combination of its and Midas Gold Inc.’s assets in the Yellow Pine-Stibnite District in Idaho resulting in the formation of Midas Gold Corp.

    VGZ’s balance sheet at June 30, 2011, benefited from its investment in Midas, which the Company recorded at fair value estimated at $82.5 million on that date.  This increase was offset by the deferred tax liability of about $29.7 million associated with unrealized gain, which was reduced by $6.1 million for the release of the valuation allowance on its deferred tax asset generated from its net operating losses.  Also reflected in its June 30, 2011, balance sheet is the nearly $29 million it raised on April 20, 2011, in its public offering of nine million shares of its common stock, offset by $10.3 million in other net expenses for the six-month period then ended.

    VGZ said it remains debt free and has $33 million in cash at June 30, 2011.

    Source: http://vistagold.investorroom.com/index.php?s=43&item=227

    Financial Strength (19-Aug-2011)

    Company

    Industry

    Sector

    S&P 500

    Quick Ratio (MRQ) 1.69 0.78 0.75
    Current Ratio (MRQ) 19.45 3.02 1.15 1.10
    LT Debt to Equity (MRQ) 0.00 23.81 12.77 112.03
    Total Debt to Equity (MRQ) 0.00 26.06 30.57 151.62
    Interest Coverage (TTM) -8.86 11.00 0.16 23.0

    Source: Reuters.com, SEC Filings.

    Analyst Consensus

    This is the consensus forecast among two polled investment analysts. Against the Vista Gold Corp company.

    Analyst Detail

    Buy

    Outperform

    Hold

    Underperform

    Sell

    No Opinion

    Latest 0 2 0 0 0 0
    4 weeks ago 0 3 0 0 0 0
    2 months ago 0 2 0 0 0 0
    3 months ago 0 2 0 0 0 0
    Last year 0 1 0 0 0 0

    The one analyst offering a 12-month price target expects VGZ share price to rise to 16.92 in the next year from the last price of 2.99.

    Source: markets.ft.com

    Consensus Estimates Analysis

    # of Estimates

    Mean

    High

    Low

    1 Year Ago

    EARNINGS (per share)
    Year Ending Dec-12 1 -0.10 -0.10 -0.10 -0.70

    Technical Analysis

     

    Source: http://stockcharts.com

    VGZ is within its Bollinger Bands. This is a normal condition suggesting that it is neither overbought nor oversold relative to the recent price action.

    VGZ’s MACD is currently indicating a weak bullish signal. Although the MACD is trending above the signal line, the indicator is still below 0, which suggests that the underlying moving averages are bearish.

    Comparative Analysis

    Company Name Ticker Price per Mrkt. Cap. P/E P/S
    Aug19-2011 symbol Share, $ $ Mn 2011 2012 2011 2012
    Silver Standard Resources Inc. SSRI 25.45 2.04B 32.22 17.31 7.70 6.00
    Grupo Mexico SA de CV GMBXF 3.11 24.20B n/a n/a n/a n/a
    Agnico-Eagle Mines Ltd. AEM 65.57 11.06B 26.23 17.87 5.70 4.81
    Gold Reserve Inc. GRZ 2.53 150.46M n/a n/a n/a n/a
    Gold Median       22.81 n/a 19.34 n/a
    Vista Gold Corp. VGZ 3.14 223.05M n/a n/a n/a n/a

    Source: Thomson Financial

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