StockNews.com Downgrades Vista Gold (NYSE:VGZ) to Sell

Vista Gold (NYSE:VGZ) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

Separately, HC Wainwright reiterated a “buy” rating and issued a $2.75 target price on shares of Vista Gold in a research report on Tuesday, August 20th.

Vista Gold Trading Down 5.6 %

Shares of NYSE:VGZ opened at $0.66 on Friday. The firm’s 50 day moving average is $0.69 and its two-hundred day moving average is $0.57. The firm has a market capitalization of $80.60 million, a P/E ratio of 7.28 and a beta of 1.71. Vista Gold has a 52 week low of $0.30 and a 52 week high of $0.83.

Vista Gold (NYSE:VGZ) last announced its earnings results on Wednesday, October 23rd. The company reported ($0.01) earnings per share for the quarter. Analysts predict that Vista Gold will post 0.09 EPS for the current year.

Institutional Trading of Vista Gold

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 13F filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent filing with the Securities and Exchange Commission (SEC). 27.29% of the stock is currently owned by institutional investors.

Vista Gold Company Profile

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.