Markel Group Inc. acquired a new stake in shares of Vista Gold Corp. (NYSEAMERICAN:VGZ – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 615,000 shares of the company’s stock, valued at approximately $1,667,000. Markel Group Inc. owned approximately 0.42% of Vista Gold as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of VGZ. Sequoia Financial Advisors LLC purchased a new stake in shares of Vista Gold during the second quarter valued at approximately $47,000. Squarepoint Ops LLC purchased a new position in Vista Gold in the 2nd quarter worth approximately $387,000. Bank of New York Mellon Corp purchased a new position in Vista Gold in the 2nd quarter worth approximately $556,000. Bank of America Corp DE raised its holdings in Vista Gold by 5.0% in the 1st quarter. Bank of America Corp DE now owns 238,168 shares of the company’s stock worth $467,000 after acquiring an additional 11,249 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in Vista Gold in the 1st quarter valued at approximately $67,000. 27.29% of the stock is currently owned by institutional investors.
Vista Gold Trading Down 2.4%
NYSEAMERICAN VGZ opened at $2.41 on Wednesday. Vista Gold Corp. has a one year low of $1.43 and a one year high of $3.13. The stock has a 50-day moving average of $2.50 and a 200 day moving average of $2.28.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reiterated a “buy” rating and set a $4.50 target price on shares of Vista Gold in a research note on Tuesday, September 22nd. One analyst has rated the stock with a Buy rating. According to data from MarketBeat, Vista Gold currently has a consensus rating of “Buy” and a consensus target price of $4.50.
View Our Latest Analysis on Vista Gold
Vista Gold Company Profile
Vista Gold Corp. is a mineral exploration and development company focused on advancing gold projects. The company’s principal asset is the Mt Todd Gold Project in the Northern Territory of Australia, which it holds through its Australian subsidiary. Vista Gold’s activities include project evaluation, exploration, engineering and permitting, with the goal of developing Mt Todd into a producing gold mine.
Mt Todd is located near Katherine in the Northern Territory and is regarded by the company as one of Australia’s larger undeveloped gold projects.
Further Reading
- Five stocks we like better than Vista Gold
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Want to see what other hedge funds are holding VGZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vista Gold Corp. (NYSEAMERICAN:VGZ – Free Report).
Receive News & Ratings for Vista Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vista Gold and related companies with MarketBeat.com's FREE daily email newsletter.
