Vista Gold (NYSE:VGZ) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Vista Gold (NYSE:VGZ) in a research report released on Thursday morning. The firm issued a hold rating on the stock.

Separately, HC Wainwright reissued a buy rating and issued a $2.50 price objective on shares of Vista Gold in a research report on Friday, March 15th.

Vista Gold Stock Performance

Vista Gold stock opened at $0.47 on Thursday. The company has a market cap of $57.06 million, a price-to-earnings ratio of -11.72 and a beta of 1.73. Vista Gold has a 1 year low of $0.30 and a 1 year high of $0.62. The firm has a 50 day moving average price of $0.52 and a 200 day moving average price of $0.46.

Vista Gold (NYSE:VGZ) last posted its earnings results on Thursday, May 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter. Sell-side analysts predict that Vista Gold will post -0.06 EPS for the current year.

Institutional Investors Weigh In On Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Cetera Advisors LLC bought a new position in Vista Gold Corp. (NYSE:VGZ) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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 reporting period. 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.