Vista Gold (NYSE:VGZ) Receives New Coverage from Analysts at StockNews.com

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

Separately, HC Wainwright reiterated a buy rating and set a $2.50 target price on shares of Vista Gold in a research report on Friday, March 15th.

Vista Gold Price Performance

Shares of NYSE:VGZ opened at $0.47 on Thursday. The company’s 50 day simple moving average is $0.52 and its 200 day simple moving average is $0.46. The stock has a market capitalization of $57.06 million, a price-to-earnings ratio of -11.72 and a beta of 1.73. Vista Gold has a 1 year low of $0.30 and a 1 year high of $0.62.

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, analysts anticipate that Vista Gold will post -0.06 EPS for the current fiscal year.

Hedge Funds Weigh In On Vista Gold

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

Vista Gold Company Profile

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.