Vista Gold (NYSE:VGZ) Stock Price Up 2.9% – Should You Buy?

Vista Gold Corp. (NYSE:VGZGet Free Report) shares rose 2.9% on Monday . The stock traded as high as $0.62 and last traded at $0.60. Approximately 1,042,429 shares changed hands during trading, an increase of 203% from the average daily volume of 344,571 shares. The stock had previously closed at $0.59.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. StockNews.com downgraded shares of Vista Gold from a “hold” rating to a “sell” rating in a research report on Friday, October 25th. HC Wainwright restated a “buy” rating and issued a $2.75 price objective on shares of Vista Gold in a research report on Wednesday.

Read Our Latest Research Report on Vista Gold

Vista Gold Trading Down 3.4 %

The stock has a market capitalization of $70.19 million, a PE ratio of 6.31 and a beta of 1.72. The company’s 50 day simple moving average is $0.65 and its 200 day simple moving average is $0.59.

Vista Gold (NYSE:VGZGet Free Report) last posted its earnings results on Wednesday, October 23rd. The company reported ($0.01) earnings per share for the quarter. As a group, analysts predict that Vista Gold Corp. will post 0.09 EPS for the current year.

Hedge Funds Weigh In On Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Integrated Wealth Concepts LLC bought a new position in Vista Gold Corp. (NYSE:VGZFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 80,000 shares of the company’s stock, valued at approximately $62,000. Integrated Wealth Concepts LLC owned about 0.06% of Vista Gold as of its most recent filing with the Securities and Exchange Commission. 27.29% of the stock is owned by institutional investors and hedge funds.

About Vista Gold

(Get Free Report)

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.

Further Reading

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