Vista Gold (NYSE:VGZ) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Vista Gold (NYSE:VGZ) in a report issued on Sunday morning. The brokerage issued a hold rating on the stock.

Separately, HC Wainwright lifted their target price on shares of Vista Gold from $2.50 to $2.75 and gave the company a buy rating in a report on Monday, June 24th.

Vista Gold Stock Performance

NYSE VGZ opened at $0.46 on Friday. Vista Gold has a fifty-two week low of $0.30 and a fifty-two week high of $0.62. The firm has a market capitalization of $55.88 million, a P/E ratio of -11.48 and a beta of 1.66. The stock’s fifty day moving average is $0.49 and its two-hundred day moving average is $0.46.

Vista Gold (NYSE:VGZ) last posted its earnings results on Thursday, May 2nd. The company reported ($0.01) earnings per share for the quarter. As a group, sell-side analysts forecast that Vista Gold will post -0.05 EPS for the current year.

Institutional Investors Weigh In On Vista Gold

An institutional investor recently bought a new position in Vista Gold stock. Cetera Advisors LLC bought a new position in shares of Vista Gold Corp. (NYSE:VGZ) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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 quarter. Institutional investors and hedge funds own 27.29% of the company’s stock.

About Vista Gold

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.