Sun Valley Gold LLC adjusts Vista Gold Corp holdings, maintains significant stake

Sun Valley Gold LLC reduced its holdings in Vista Gold Corp by 600,000 shares, trading at $2.24 per share, while maintaining a significant position in the company with 15,898,327 shares. The firm's expertise in gold and mining sectors is reflected in its carefully curated portfolio. Vista Gold Corp is a gold mining company operating in Australia with a market capitalization of $277.9 million and a stock price of $2.22. Despite a year-to-date price change of 285.82%, the stock has seen a slight decline of -0.89% since the transaction.

Vista Gold Corp. (NYSE American and TSX: VGZ) reported its unaudited financial results for the quarter ended March 31, 2025, with cash totaling $15.0 million at quarter-end. The company highlighted significant progress towards its 2025 corporate goals, including advancing the 15,000 tonne per day Mt Todd feasibility study and maintaining a strong cash position Vista Gold Announces First Quarter 2025 Financial Results^[1].

The Mt Todd feasibility study aims to increase the reserve grade to 1 gram gold per tonne by applying a higher cut-off grade, reduce initial capital expenditure (capex) by 60% to $400 million, and maintain average annual gold production of 150,000 to 200,000 ounces. The study incorporates mine scheduling optimization strategies that prioritize higher grade ore during the early years of operation Vista Gold Announces First Quarter 2025 Financial Results^[1].

Vista Gold Corp. reported a consolidated net loss of $2.7 million, or $0.02 per common share, for the quarter ended March 31, 2025, compared to $1.1 million, or $0.01 per common share, for the same period in 2024. Cash and cash equivalents totaled $15.0 million at March 31, 2025, compared to $16.9 million at December 31, 2024. The company continued to have no debt Vista Gold Announces First Quarter 2025 Financial Results^[1].

Sun Valley Gold LLC, a firm known for its expertise in the gold and mining sectors, reduced its holdings in Vista Gold Corp. by 600,000 shares, trading at $2.24 per share, while maintaining a significant position with 15,898,327 shares. Despite a year-to-date price change of 285.82%, the stock has seen a slight decline of -0.89% since the transaction .