HC Wainwright Weighs in on Vista Gold Corp.’s FY2024 Earnings (NYSE:VGZ)

Vista Gold Corp. (NYSE:VGZ) – Research analysts at HC Wainwright raised their FY2024 earnings per share estimates for Vista Gold in a note issued to investors on Tuesday, July 30th. HC Wainwright analyst H. Ihle now expects that the company will earn $0.09 per share for the year, up from their previous estimate of ($0.05). HC Wainwright has a “Buy” rating and a $2.75 price objective on the stock. The consensus estimate for Vista Gold’s current full-year earnings is $0.09 per share.

Vista Gold (NYSE:VGZ) last announced its quarterly earnings data on Thursday, May 2nd. The company reported ($0.01) EPS for the quarter.

Separately, StockNews.com initiated coverage on Vista Gold in a report on Monday, July 15th. They issued a “hold” rating on the stock.

Vista Gold Stock Performance

Shares of VGZ opened at $0.52 on Friday. Vista Gold has a twelve month low of $0.30 and a twelve month high of $0.62. The firm has a market capitalization of $63.29 million, a P/E ratio of -13.00 and a beta of 1.66. The firm’s 50-day moving average is $0.50 and its two-hundred day moving average is $0.48.

Institutional Trading of Vista Gold

An institutional investor recently bought a new position in Vista Gold stock. Cetera Advisors LLC acquired a new position in shares of Vista Gold Corp. (NYSE:VGZ) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,993,900 shares of the company’s stock, valued at approximately $1,126,000. Cetera Advisors LLC owned about 1.64% of Vista Gold as of its most recent SEC filing. 27.29% of the stock is owned by hedge funds and other institutional investors.

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.