HC Wainwright Raises Vista Gold (NYSE:VGZ) Price Target to $2.75

Vista Gold (NYSE:VGZ) had its target price raised by HC Wainwright from $2.50 to $2.75 in a research note issued to investors on Monday, Benzinga reports. They currently have a buy rating on the stock. HC Wainwright also issued estimates for Vista Gold’s FY2024 earnings at ($0.05) EPS and FY2025 earnings at ($0.06) EPS.

Separately, StockNews.com began coverage on shares of Vista Gold in a research report on Friday, June 21st. They issued a hold rating on the stock.

Vista Gold Stock Performance

Vista Gold stock opened at $0.48 on Monday. The firm has a market cap of $58.43 million, a price-to-earnings ratio of -12.00 and a beta of 1.73. Vista Gold has a 1 year low of $0.30 and a 1 year high of $0.62. The firm’s 50 day moving average price is $0.51 and its two-hundred day moving average price is $0.46.

Vista Gold (NYSE:VGZ) last posted its quarterly earnings results on Thursday, May 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter. As a group, equities analysts predict that Vista Gold will post -0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Vista Gold

An institutional investor recently bought a new position in Vista Gold stock. Cetera Advisors LLC acquired a new position in shares of Vista Gold Corp. (NYSE:VGZ) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 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 filing with the Securities and Exchange Commission. Hedge funds and other institutional investors 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.