Vista Gold (NYSE:VGZ) Now Covered by StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Vista Gold (NYSE:VGZ) in a research report issued on Saturday. The brokerage set a “hold” rating on the stock.

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

Vista Gold Stock Performance

Shares of NYSE VGZ opened at $0.47 on Friday. The business has a fifty day simple moving average of $0.50 and a 200 day simple moving average of $0.46. The firm has a market capitalization of $56.61 million, a price-to-earnings ratio of -11.63 and a beta of 1.73. Vista Gold has a one year low of $0.30 and a one year high of $0.62.

Vista Gold (NYSE:VGZ) last released its quarterly earnings data on Thursday, May 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, research analysts anticipate that Vista Gold will post -0.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vista Gold

An institutional investor recently bought a new position in Vista Gold stock. Cetera Advisors LLC purchased a new position in shares of Vista Gold Corp. (NYSE:VGZ) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,993,900 shares of the company’s stock, valued at approximately $1,126,000. Cetera Advisors LLC owned 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.

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.