Vista Gold (NYSE:VGZ) Rating Reiterated by HC Wainwright

HC Wainwright reissued their buy rating on shares of Vista Gold (NYSE:VGZ) in a report issued on Tuesday morning, Benzinga reports. HC Wainwright currently has a $2.75 price objective on the stock. HC Wainwright also issued estimates for Vista Gold’s FY2024 earnings at $0.09 EPS.

Separately, StockNews.com assumed coverage on shares of Vista Gold in a report on Monday, July 15th. They issued a hold rating on the stock.

Vista Gold Trading Down 1.0 %

Shares of VGZ opened at $0.51 on Tuesday. The business’s 50 day moving average is $0.50 and its 200 day moving average is $0.48. Vista Gold has a 12-month low of $0.30 and a 12-month high of $0.62. The company has a market capitalization of $62.88 million, a PE ratio of -12.86 and a beta of 1.66.

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

Institutional Trading of Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Cetera Advisors LLC purchased a new stake in shares of Vista Gold Corp. (NYSE:VGZ) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 SEC filing. Institutional investors and hedge funds own 27.29% of the company’s stock.

Vista Gold Company Profile

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.