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

Vista Gold (NYSE:VGZ) had its target price lifted by HC Wainwright from $2.50 to $2.75 in a report released on Monday morning, Benzinga reports. They currently have a buy rating on the stock.

Separately, StockNews.com assumed coverage on shares of Vista Gold in a research report on Friday. They set a hold rating on the stock.

Vista Gold Price Performance

Shares of Vista Gold stock opened at $0.47 on Monday. The firm’s 50 day moving average price is $0.51 and its 200-day moving average price is $0.46. Vista Gold has a 52-week low of $0.30 and a 52-week high of $0.62. The company has a market cap of $57.39 million, a P/E ratio of -11.79 and a beta of 1.73.

Vista Gold (NYSE:VGZ) last issued its quarterly earnings data on Thursday, May 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter. As a group, equities research analysts forecast that Vista Gold will post -0.06 EPS for the current fiscal year.

Institutional Trading of 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 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,993,900 shares of the company’s stock, valued at approximately $1,126,000. Cetera Advisors LLC owned 1.64% of Vista Gold at the end of the most recent quarter. 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.