Vista Gold (NYSE:VGZ) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of Vista Gold (NYSE:VGZGet Free Report) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the stock.

Separately, HC Wainwright reissued a “buy” rating and set a $2.50 target price on shares of Vista Gold in a research note on Friday, March 15th.

Check Out Our Latest Analysis on VGZ

Vista Gold Stock Down 2.9 %

VGZ opened at $0.58 on Monday. The business has a 50 day moving average price of $0.42 and a two-hundred day moving average price of $0.40. The company has a market cap of $70.84 million, a PE ratio of -11.66 and a beta of 1.66. Vista Gold has a 52 week low of $0.30 and a 52 week high of $0.76.

Hedge Funds Weigh In On Vista Gold

Hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers increased its stake in Vista Gold by 4.1% in the 1st quarter. Cetera Investment Advisers now owns 1,659,341 shares of the company’s stock valued at $1,742,000 after purchasing an additional 65,000 shares in the last quarter. Renaissance Technologies LLC increased its stake in Vista Gold by 43.6% in the 1st quarter. Renaissance Technologies LLC now owns 497,186 shares of the company’s stock valued at $522,000 after purchasing an additional 150,869 shares in the last quarter. Two Sigma Securities LLC purchased a new position in Vista Gold in the 2nd quarter valued at approximately $47,000. Finally, Commonwealth Equity Services LLC increased its stake in Vista Gold by 24.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 77,500 shares of the company’s stock valued at $46,000 after purchasing an additional 15,000 shares in the last quarter. 27.29% of the stock is owned by hedge funds and other institutional investors.

Vista Gold Company Profile

(Get Free Report)

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 100% owned Mt Todd gold project located in Northern Territory, Australia.

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