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

HC Wainwright reissued their buy rating on shares of Vista Gold (NYSE:VGZ) in a research note published on Tuesday morning, Benzinga reports. They currently have a $2.75 price objective on the stock.

Separately, StockNews.com began coverage on shares of Vista Gold in a research report on Wednesday, August 14th. They issued a hold rating on the stock.

Vista Gold Price Performance

Shares of NYSE:VGZ opened at $0.64 on Tuesday. The company’s 50-day moving average price is $0.51 and its 200 day moving average price is $0.49. The company has a market cap of $77.31 million, a PE ratio of -15.88 and a beta of 1.66. Vista Gold has a fifty-two week low of $0.30 and a fifty-two week high of $0.64.

Vista Gold (NYSE:VGZ) last announced its quarterly earnings results on Monday, July 29th. The company reported $0.12 EPS for the quarter. As a group, equities analysts anticipate that Vista Gold will post 0.09 EPS for the current year.

Institutional Investors Weigh In On Vista Gold

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

About Vista Gold

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.