Vista Gold (NYSE:VGZ) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Vista Gold (NYSE:VGZ) in a research report sent to investors on Friday morning. The brokerage issued a hold rating on the stock.

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

Vista Gold Trading Down 2.6 %

Shares of VGZ opened at $0.47 on Friday. Vista Gold has a 12 month low of $0.30 and a 12 month high of $0.62. The firm’s 50 day moving average is $0.51 and its 200-day moving average is $0.46. The stock has a market capitalization of $57.15 million, a PE ratio of -11.74 and a beta of 1.73.

Vista Gold (NYSE:VGZ) last announced its earnings results on Thursday, May 2nd. The company reported ($0.01) EPS for the quarter. Equities research analysts predict that Vista Gold will post -0.06 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Vista Gold stock. Cetera Advisors LLC bought a new stake in Vista Gold Corp. (NYSE:VGZ) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 reporting period. 27.29% of the stock is owned by institutional investors.

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.