Vista Gold (NYSE:VGZ) Earns “Buy” Rating from HC Wainwright

HC Wainwright reiterated their buy rating on shares of Vista Gold (NYSE:VGZ) in a report issued on Tuesday, Benzinga reports. They currently have a $2.75 target price on the stock.

Separately, StockNews.com initiated coverage on shares of Vista Gold in a research note on Wednesday, August 14th. They issued a hold rating on the stock.

Vista Gold Price Performance

Shares of VGZ opened at $0.64 on Tuesday. Vista Gold has a 1-year low of $0.30 and a 1-year high of $0.65. The stock has a market cap of $77.86 million, a PE ratio of -15.99 and a beta of 1.66. The firm has a fifty day moving average price of $0.51 and a 200 day moving average price of $0.50.

Vista Gold (NYSE:VGZ) last posted its quarterly earnings data on Monday, July 29th. The company reported $0.12 EPS for the quarter. As a group, equities analysts expect that Vista Gold will post 0.09 EPS for the current fiscal year.

Institutional Inflows and Outflows

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 its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing. 27.29% of the stock is 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.