Vista Gold (NYSE:VGZ) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Vista Gold (NYSE:VGZ) in a report released on Saturday. The firm set a “hold” rating on the stock.

Separately, HC Wainwright upped their target price on shares of Vista Gold from $2.50 to $2.75 and gave the company a “buy” rating in a report on Monday, June 24th.

Vista Gold Price Performance

Shares of NYSE VGZ opened at $0.47 on Friday. The business has a 50-day moving average price of $0.50 and a 200 day moving average price of $0.46. The stock has a market cap of $56.61 million, a PE ratio of -11.63 and a beta of 1.73. Vista Gold has a 52-week low of $0.30 and a 52-week high of $0.62.

Vista Gold (NYSE:VGZ) last announced its earnings results on Thursday, May 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter. Sell-side analysts anticipate that Vista Gold will post -0.05 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Vista Gold stock. Cetera Advisors LLC bought a new position in shares of Vista Gold Corp. (NYSE:VGZ) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,993,900 shares of the company’s stock, valued at approximately $1,126,000. Cetera Advisors LLC owned approximately 1.64% of Vista Gold at the end of the most recent quarter. Institutional investors and hedge funds own 27.29% of the company’s stock.

About Vista Gold

Vista Gold Corp., together with its subsidiaries, acquires, explores, evaluates, and advances gold exploration and development projects in Australia. Its flagship asset is the 100% owned Mt Todd gold project located in Northern Territory, Australia. The company was incorporated in 1983 and is based in Englewood, Colorado.