Vista Gold Corporation (VGZ) Receives Consensus Recommendation of “Strong Buy” from Brokerages

Vista Gold Corporation (NASDAQ:VGZ) has been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.

Brokerages have set a 12 month consensus price target of $1.95 for the company and are forecasting that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also given Vista Gold an industry rank of 233 out of 255 based on the ratings given to related companies.

Separately, Roth Capital reaffirmed a “buy” rating and issued a $1.40 price objective on shares of Vista Gold in a research note on Thursday.

Shares of NASDAQ:VGZ remained flat at $$0.55 during trading on Friday. 90,157 shares of the stock were exchanged, compared to its average volume of 161,633. Vista Gold has a 1 year low of $0.45 and a 1 year high of $0.87.

Vista Gold (NASDAQ:VGZ) last issued its quarterly earnings results on Wednesday, July 25th. The company reported ($0.02) EPS for the quarter.

Vista Gold Company Profile

Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects primarily in Australia. Its flagship asset is its 100% owned Mt Todd gold project located in Northern Territory. The company was founded in 1983 and is based in Littleton, Colorado.

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