Vista Gold’s (VGZ) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright restated their buy rating on shares of Vista Gold (NYSE:VGZ) in a research report released on Wednesday,Benzinga reports. The firm currently has a $2.75 price target on the stock.

Separately, StockNews.com downgraded Vista Gold from a “hold” rating to a “sell” rating in a research note on Friday, October 25th.

Vista Gold Stock Performance

Shares of VGZ opened at $0.54 on Wednesday. The firm’s fifty day simple moving average is $0.63 and its two-hundred day simple moving average is $0.59. Vista Gold has a 12 month low of $0.32 and a 12 month high of $0.83. The stock has a market capitalization of $66.54 million, a P/E ratio of 6.00 and a beta of 1.72.

Vista Gold (NYSE:VGZ) last announced its earnings results on Wednesday, October 23rd. The company reported ($0.01) EPS for the quarter. As a group, research analysts predict that Vista Gold will post 0.09 EPS for the current fiscal year.

Institutional Investors Weigh In On Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Integrated Wealth Concepts LLC acquired a new position in Vista Gold Corp. (NYSE:VGZ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 80,000 shares of the company’s stock, valued at approximately $62,000. Integrated Wealth Concepts LLC owned approximately 0.06% of Vista Gold as of its most recent filing with the Securities and Exchange Commission. 27.29% of the stock is owned by hedge funds and other 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.