Vista Gold (NYSEAMERICAN:VGZ) (TSE:VGZ) posted its quarterly earnings results on Monday. The basic materials company reported ($0.02) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.02), Fidelity Earnings reports.
NYSEAMERICAN VGZ opened at $0.56 on Tuesday. Vista Gold has a one year low of $0.45 and a one year high of $0.87.
Several research analysts have weighed in on the company. Zacks Investment Research upgraded Vista Gold from a “hold” rating to a “buy” rating and set a $0.75 price target for the company in a research note on Friday, August 3rd. Roth Capital reiterated a “buy” rating on shares of Vista Gold in a research report on Thursday, October 25th. Finally, HC Wainwright set a $3.00 target price on Vista Gold and gave the company a “buy” rating in a research report on Monday.
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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