Susquehanna International Group LLP Purchases New Stake in Vista Gold Corp. (NYSEAMERICAN:VGZ)


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Susquehanna International Group LLP acquired a new stake in shares of Vista Gold Corp. (NYSEAMERICAN:VGZ) (TSE:VGZ) during the fourth quarter, Holdings Channel.com reports. The fund acquired 48,503 shares of the basic materials company’s stock, valued at approximately $53,000.

Other institutional investors have also added to or reduced their stakes in the company. Virtu Financial LLC raised its stake in shares of Vista Gold by 368.9% during the fourth quarter. Virtu Financial LLC now owns 140,465 shares of the basic materials company’s stock valued at $152,000 after purchasing an additional 110,511 shares in the last quarter. CWM LLC bought a new stake in Vista Gold in the fourth quarter worth about $89,000. Renaissance Technologies LLC raised its holdings in Vista Gold by 12.3% during the 4th quarter. Renaissance Technologies LLC now owns 536,200 shares of the basic materials company’s stock worth $579,000 after buying an additional 58,600 shares during the period. Wells Fargo & Company MN raised its holdings in Vista Gold by 22.1% during the 4th quarter. Wells Fargo & Company MN now owns 208,299 shares of the basic materials company’s stock worth $225,000 after buying an additional 37,697 shares during the period. Finally, Morgan Stanley raised its holdings in Vista Gold by 14,153.5% during the 3rd quarter. Morgan Stanley now owns 28,507 shares of the basic materials company’s stock worth $31,000 after buying an additional 28,307 shares during the period. 30.28% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have weighed in on VGZ shares. HC Wainwright reaffirmed a “buy” rating and set a $3.25 target price on shares of Vista Gold in a research note on Monday, March 1st. Zacks Investment Research cut Vista Gold from a “hold” rating to a “sell” rating in a research note on Tuesday, March 2nd.

Shares of NYSEAMERICAN VGZ opened at $1.11 on Wednesday. The company has a market cap of $114.74 million, a PE ratio of 55.50 and a beta of 1.10. The firm has a 50 day moving average price of $1.03. Vista Gold Corp. has a 52 week low of $0.59 and a 52 week high of $1.45.

Vista Gold (NYSEAMERICAN:VGZ) (TSE:VGZ) last announced its quarterly earnings results on Monday, March 1st. The basic materials company reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.01). As a group, analysts expect that Vista Gold Corp. will post -0.01 EPS for the current fiscal year.

Vista Gold Company Profile

Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and development projects primarily in Australia. The company's flagship asset is the Mt Todd gold project located in Northern Territory. Vista Gold Corp. was founded in 1983 and is headquartered in Littleton, Colorado.

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Institutional Ownership by Quarter for Vista Gold (NYSEAMERICAN:VGZ)

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