Vista Gold’s (VGZ) Buy Rating Reaffirmed at HC Wainwright

HC Wainwright restated their buy rating on shares of Vista Gold (NYSE:VGZ) in a report issued on Wednesday,Benzinga reports. They currently have a $2.75 price target on the stock.

Separately, StockNews.com lowered shares of Vista Gold from a “hold” rating to a “sell” rating in a research report on Friday, October 25th.

Vista Gold Stock Performance

Shares of NYSE VGZ opened at $0.54 on Wednesday. The firm has a market cap of $66.54 million, a price-to-earnings ratio of 6.00 and a beta of 1.72. The stock has a fifty day simple moving average of $0.63 and a two-hundred day simple moving average of $0.59. Vista Gold has a 1-year low of $0.32 and a 1-year high of $0.83.

Vista Gold (NYSE:VGZ) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported ($0.01) EPS for the quarter. Analysts forecast that Vista Gold will post 0.09 EPS for the current year.

Institutional Investors Weigh In On Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Integrated Wealth Concepts LLC bought a new position in Vista Gold Corp. (NYSE:VGZ) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 80,000 shares of the company’s stock, valued at approximately $62,000. Integrated Wealth Concepts LLC owned about 0.06% of Vista Gold as of its most recent SEC filing. 27.29% of the stock is currently owned by hedge funds and other institutional investors.

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.