Vista Gold Corp. (VGZ) Establishes a Goal to Begin Thorough Engineering and Design at Mt. Todd

Core Insights - Vista Gold Corp. is recognized as one of the 11 Best Gold Stocks to Buy for 2026 [1] Group 1: Project Development - Vista Gold Corp. plans to initiate thorough engineering and design at its Mt Todd gold project by early 2027, following a feasibility study completed in July 2025 that proposed a smaller initial project targeting higher-grade ore [2] - The company is focusing on project execution planning in 2026 and has started the permit amendment process, expecting all changes to be authorized by the end of the year [2] Group 2: Financial Performance - In the most recent quarter, Vista Gold Corp. reported a consolidated net loss of $0.7 million, or $0.01 per common share, an improvement from a loss of $1.6 million in the previous quarter [3] - The corporation received approximately $1.3 million in the third quarter of 2025 from recovering taxes related to the 2020 sale of the Los Reyes gold property in Mexico [3] - As of September 30, 2025, the total cash and cash equivalents were $13.7 million, a decrease from $16.9 million on December 31, 2024 [3] Group 3: Investment Perspective - While Vista Gold Corp. shows potential as an investment, there are AI stocks that may offer greater upside potential and lower downside risk [4]