05:21 PM EDT, 05/27/2025 (MT Newswires) -- Sun Valley Gold LLC after trade Tuesday said that about 3.4 million common shares of Vista Gold ( VGZ ) held in a client account over which Sun Valley has discretionary trading authority had been distributed to an account controlled by the client.

Before the distribution, Sun Valley had discretionary control over about 19.9 million Vista Gold ( VGZ ) shares, representing 16.28% of the company's outstanding shares. After the transfer, it now controls and directs nearly 16.5 million shares, or 13.48% of the outstanding total, the company said.

The share distribution is part of Sun Valley's broader portfolio management strategy. The firm may adjust its holdings in Vista Gold ( VGZ ) based on future market conditions, the company added.