Sun Valley Gold Master Fund, Ltd - VGZ / Vista Gold Corp. - Insider Trade Report

Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Sun Valley Gold Master Fund, Ltd in VGZ / Vista Gold Corp.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Max	Price at Max	Max Profit ($)	Max Return (%)
2021-07-12	852,800	1.1000	852,800	1.1000	938,080	255	1.1000	0	0.00
2021-07-12	447,200	1.1000	447,200	1.1000	491,920
2018-03-27	1,374,592	0.7550	1,374,592	0.7550	1,037,817
2016-08-24	18,795	0.9841	18,795	0.9841	18,496
2016-08-23	119,382	1.0890	119,382	1.0890	130,007
2016-08-22	156,997	1.0639	156,997	1.0639	167,029
2016-08-19	43,150	1.0959	43,150	1.0959	47,288
2016-08-19	125,135	1.0933	125,135	1.0933	136,810
2016-08-18	86,900	1.0950	86,900	1.0950	95,156
2016-08-18	86,987	1.0923	86,987	1.0923	95,016
2016-08-03	737,500		737,500
2016-02-05	8,985	0.2994	8,985	0.2994	2,690
2016-02-01	14,816	0.2900	14,816	0.2900	4,297
2016-01-25	18,679	0.2800	18,679	0.2800	5,230
2016-01-25	445	0.2800	445	0.2800	125
2016-01-15	8,305	0.2800	8,305	0.2800	2,325
2015-12-30	23,596	0.2900	23,596	0.2900	6,843
2015-12-28	24,975	0.2850	24,975	0.2850	7,118
2015-12-22	3,600	0.2966	3,600	0.2966	1,068
2015-12-18	3,400	0.2775	3,400	0.2775	944
2015-12-17	56,245	0.2775	56,245	0.2775	15,608
2015-12-15	9,300	0.2775	9,300	0.2775	2,581
2015-12-14	8,700	0.2775	8,700	0.2775	2,414
2015-12-11	19,796	0.3000	19,796	0.3000	5,939
2015-12-10	57,765	0.3000	57,765	0.3000	17,330
2015-12-08	33,943	0.2879	33,943	0.2879	9,772
2015-12-07	21,750	0.2971	21,750	0.2971	6,462
2015-12-04	6,476	0.2800	6,476	0.2800	1,813
2015-11-20	4,500	0.2735	4,500	0.2735	1,231
2015-11-19	56,494	0.2744	56,494	0.2744	15,502
2015-11-16	2,385	0.2600	2,385	0.2600	620
2015-10-09	3,200	0.3020	3,200	0.3020	966
2015-09-28	2,400	0.2800	2,400	0.2800	672
2015-09-25	200,000	0.2847	200,000	0.2847	56,940
2015-09-24	33,950	0.2801	33,950	0.2801	9,509
2015-09-10	127,200	0.2800	127,200	0.2800	35,616
2015-08-25	25,461	0.2893	25,461	0.2893	7,366
2015-08-17	23,010	0.2880	23,010	0.2880	6,627
2015-08-13	105,287	0.2900	105,287	0.2900	30,533
2015-08-10	28,280	0.2897	28,280	0.2897	8,193
2015-08-07	161,596	0.2800	161,596	0.2800	45,247
2015-08-06	300,000	0.2800	300,000	0.2800	84,000
2015-08-05	200,000	0.2800	200,000	0.2800	56,000
2015-07-31	27,271	0.2797	27,271	0.2797	7,628
2015-07-30	115,000	0.2792	115,000	0.2792	32,108
2015-07-29	25,000	0.2796	25,000	0.2796	6,990
2015-07-21	57,600	0.2454	57,600	0.2454	14,135
2015-07-15	127,032	0.2408	127,032	0.2408	30,589
2015-07-13	234,739	0.2510	234,739	0.2510	58,919
2015-02-09	8,827	0.3200	8,827	0.3200	2,825
2014-08-12	219,499	0.4390	219,499	0.4390	96,360
2012-12-21	1,272,000		1,272,000

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Sun Valley Gold Master Fund, Ltd in VGZ / Vista Gold Corp.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Min	Price at Min	Max Loss Avoided ($)	Max Loss Avoided (%)
2018-03-27	1,374,592	0.7550	1,374,592	0.7550	1,037,817	245	0.4335	-441,930	-42.58

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Transaction History