Vista Gold is scheduled to report its September-quarter results after the market closes on October 29. The available consensus expects a loss of C$0.05 per share. For a development-stage miner, though, updates on the project may matter more to investors than a small difference in quarterly EPS.
Vista Gold Corporation (TSX: VGZ) is expected to report results for the quarter ended September 30, 2026. One analyst estimates a loss of C$0.05 per share, unchanged over the past 30 days. The revenue estimate is zero. The earnings calendar has no EPS headline fields, so these figures are a limited benchmark, not a complete preview.
Recent earnings trend
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Vista Gold Corporation
VGZ.TO
VGZ.TO
Vista Gold Corporation
WealthAwesomeMarket cap
$528.42M
52W high
$4.25
52W low
$2.10
1W change
-5.97%
Beta
1.30
Analyst Price Targets
Based on analyst covering VGZ · as of Sep 17, 2026
Wall Street analysts forecast VGZ stock price to rise 37.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$4.96
+37.0% Upside
Current Price
C$3.62
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on VGZ's historical volatility
30-Day Vol
66.0%
Annualized
90-Day Vol
70.2%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$4.33
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.84 | C$3.06 – C$4.82 |
| 60 trading days | C$4.08 | C$2.95 – C$5.63 |
| 90 trading days | C$4.33 | C$2.92 – C$6.42 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | -0.0280 | — | — |
| 2026-03-31 | 2026-04-30 | -0.0328 | — | — |
| 2025-12-31 | 2026-03-10 | -0.0188 | — | — |
| 2025-09-30 | 2025-11-11 | -0.0079 | — | — |
| 2025-06-30 | 2025-08-13 | -0.0261 | — | — |
| 2025-03-31 | 2025-04-30 | -0.0314 | — | — |
Vista has reported EPS estimates and actuals for 23 comparable quarters, but beat estimates in only one of its last four. Its latest trailing-twelve-month EPS is -C$0.08. For Canadian investors, the main question is whether the release offers useful detail on the company’s development plans and Mt Todd project—not whether a small loss is a few cents above or below consensus.
Investor takeaway: The consensus points to another loss, while the zero revenue estimate reflects limited expectations for operating revenue in this calendar snapshot. Vista’s share price closed at C$3.62, above its 50-day and 200-day moving averages but below its 52-week high of C$4.25. The company’s September 21 announcement that Artemis Gold had agreed to acquire Vista is also important context. But the supplied earnings data don’t show how the proposed transaction will affect this quarter’s results. Investors should separate reported earnings from deal and project updates, and review the company’s filings for transaction terms and material developments.
C$0.05 loss per share
One analyst estimates a loss of C$0.05 per share for the quarter ended September 30. That estimate is unchanged from 30 days ago and compares with a loss of C$0.06 per share a year earlier. The revenue consensus is zero, so conventional operating metrics may offer little insight into the quarter.
Bull case
The EPS estimate of -C$0.05 compares with -C$0.06 a year earlier, implying estimated year-over-year improvement of 16.7%. The estimate hasn’t changed over the past month. If Vista reports concrete progress on Mt Todd permitting, technical work or development planning, those details may give investors more to consider than the small expected loss. The supplied analyst data show an average target of C$4.96, 37% above the last close of C$3.62. That’s an implied comparison, not a guarantee or a formal rating for the Canadian listing.
Bear case
Vista remains loss-making on a trailing-twelve-month basis, and the revenue estimate is zero. The EPS forecast comes from one analyst, so it’s a narrow reference point rather than a broad market view. Vista beat estimates in only one of its last four reported quarters, so investors shouldn’t assume it will beat again. Development and permitting timelines can change, and the proposed acquisition brings additional uncertainty that the EPS estimate can’t resolve.
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Analysis
Vista is scheduled to report after the market closes on October 29 for the fiscal quarter ended September 30. One analyst expects a loss of C$0.05 per share and zero revenue. The EPS estimate is unchanged from 30 days ago. Compared with EPS of -C$0.06 a year earlier, the forecast implies estimated growth of 16.7%, though Vista is still expected to report a loss.
The earnings calendar entry is sparse and has no EPS headline fields, so there’s no calendar result to compare with estimates before the release. Investors can follow the company’s VGZ stock page for earnings and market information.
Analysis
One analyst’s estimate is a limited reference point, not a broad consensus. Vista has 23 comparable quarters with reported EPS estimates and actuals in the supplied history, but beat estimates in only one of its last four reported quarters. That doesn’t predict the next result, but it’s a reason not to treat a beat as the default expectation.
Vista’s trailing-twelve-month EPS is -C$0.08, and its reported profit margin is 0.00%. With a revenue estimate of zero, the release may be more useful for confirming costs and the loss per share than for assessing sales growth. The automatically inserted earnings trend table and chart show the historical figures, so they aren’t repeated here.
Analysis
Recent company updates have focused on Mt Todd, Vista’s development project in Australia. In July, the company said permitting, technical work and team-building were progressing, with detailed engineering and design targeted for 2027.
A September 21 headline says Artemis Gold agreed to acquire Vista. Vista shareholders are set to receive 0.0966 Artemis shares for each Vista share. These headlines don’t replace the company’s official filings, and the supplied earnings data don’t show how the proposed transaction will be reflected in the quarter. Investors may want to check the release for material project, permitting or transaction updates alongside the EPS result.
The supplied analyst data list an average target of C$4.96, 37.0% above the last close of C$3.62. See the analyst targets section for context, not as a forecast. Wealth Awesome’s 90-day price forecast is a statistical model, not financial advice. Its mean is C$4.33, with a 68% range of C$2.92 to C$6.42 and a 95% range of C$1.97 to C$9.53. Those wide ranges reflect the uncertainty around a small-cap mining stock.
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