Vista Gold (NYSE:VGZ) Now Covered by StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Vista Gold (NYSE:VGZ) in a research note issued on Saturday. The brokerage set a “hold” rating on the stock.

Separately, HC Wainwright raised their target price on Vista Gold from $2.50 to $2.75 and gave the stock a “buy” rating in a research report on Monday, June 24th.

Vista Gold Stock Performance

Shares of Vista Gold stock opened at $0.47 on Friday. The business’s fifty day simple moving average is $0.50 and its 200 day simple moving average is $0.46. The firm has a market capitalization of $56.61 million, a P/E ratio of -11.63 and a beta of 1.73. Vista Gold has a 12 month low of $0.30 and a 12 month high of $0.62.

Vista Gold (NYSE:VGZ) last released its earnings results on Thursday, May 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter. Analysts predict that Vista Gold will post -0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Cetera Advisors LLC purchased a new stake in Vista Gold Corp. (NYSE:VGZ) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 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 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors 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.