Vista Gold (NYSE:VGZ) Trading Down 2.4% – What’s Next?

Posted by Karen Miller on Nov 17th, 2024

Vista Gold Corp. (NYSE:VGZ – Get Free Report)’s stock price traded down 2.4% during trading on Friday . The stock traded as low as $0.51 and last traded at $0.52. 646,818 shares were traded during mid-day trading, an increase of 91% from the average session volume of 339,027 shares. The stock had previously closed at $0.54.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. HC Wainwright reiterated a “buy” rating and set a $2.75 target price on shares of Vista Gold in a research report on Tuesday, August 20th. StockNews.com cut Vista Gold from a “hold” rating to a “sell” rating in a research report on Friday, October 25th.

Check Out Our Latest Stock Analysis on VGZ

Vista Gold Price Performance

The stock’s 50-day simple moving average is $0.68 and its two-hundred day simple moving average is $0.58. The firm has a market capitalization of $64.30 million, a P/E ratio of 5.80 and a beta of 1.73.

Vista Gold (NYSE:VGZ – Get Free Report) last released its earnings results on Wednesday, October 23rd. The company reported ($0.01) earnings per share for the quarter. On average, analysts forecast that Vista Gold Corp. will post 0.09 earnings per share for the current fiscal year.

Institutional Trading of Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Cetera Advisors LLC acquired a new stake in shares of Vista Gold Corp. (NYSE:VGZ – Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 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. Hedge funds and other institutional investors own 27.29% of the company’s stock.

Vista Gold Company Profile

(Get Free Report)

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.