Vista Gold’s (VGZ) “Buy” Rating Reaffirmed at HC Wainwright

Vista Gold (NYSEAMERICAN:VGZ)‘s stock had its “buy” rating reaffirmed by analysts at HC Wainwright in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $4.50 price objective on the stock. HC Wainwright’s target price would suggest a potential upside of 113.27% from the company’s previous close.

Vista Gold Stock Performance

Shares of VGZ stock opened at $2.11 on Wednesday. Vista Gold has a one year low of $0.91 and a one year high of $3.13. The company has a 50 day moving average price of $2.10 and a 200 day moving average price of $2.16. The firm has a market capitalization of $308.00 million, a price-to-earnings ratio of -35.17 and a beta of 1.20.

Vista Gold (NYSEAMERICAN:VGZ) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.02) EPS for the quarter. As a group, equities analysts forecast that Vista Gold will post -0.06 EPS for the current fiscal year.

Institutional Trading of Vista Gold

Institutional investors and hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC purchased a new stake in Vista Gold during the 1st quarter worth $30,000. Jane Street Group LLC acquired a new stake in shares of Vista Gold during the first quarter worth approximately $30,000. Squarepoint Ops LLC acquired a new stake in shares of Vista Gold in the 3rd quarter valued at about $34,000. Dimensional Fund Advisors LP bought a new stake in shares of Vista Gold in the 3rd quarter valued at approximately $34,000. Finally, Virtu Financial LLC acquired a new stake in shares of Vista Gold during the fourth quarter worth $34,000. Institutional investors and hedge funds own 27.29% of the company’s stock.

Vista Gold Company Profile

Vista Gold Corp is a mineral exploration and development company focused on the acquisition, exploration and advancement of gold resource projects. The company’s primary objective is to bring high-quality gold deposits into production through systematic exploration, feasibility studies and environmental permitting. Vista Gold’s technical team applies modern exploration and development methodologies to de-risk assets and demonstrate the economic potential of its mineral holdings.

The company’s flagship asset is the Mt Todd gold project, located in the Northern Territory of Australia.