Vista Gold Corp. (NYSEAMERICAN:VGZ) (TSE:VGZ) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 290,200 shares, a decline of 12.3% from the January 15th total of 330,900 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 216,700 shares, the short-interest ratio is currently 1.3 days.
NYSEAMERICAN:VGZ opened at $0.70 on Friday. Vista Gold has a 52 week low of $0.52 and a 52 week high of $1.05. The company has a fifty day simple moving average of $0.89.
Separately, HC Wainwright reissued a “buy” rating and set a $4.00 price objective on shares of Vista Gold in a research note on Monday, January 13th.
About Vista Gold
Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and 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 headquartered in Littleton, Colorado.
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