Vista Gold (NYSE:VGZ) Downgraded by StockNews.com to Sell

StockNews.com lowered shares of Vista Gold (NYSE:VGZ) from a hold rating to a sell rating in a research report report published on Friday morning.

Separately, HC Wainwright reiterated a “buy” rating and set a $2.75 price objective on shares of Vista Gold in a research note on Tuesday, August 20th.

Vista Gold Price Performance

Vista Gold stock opened at $0.66 on Friday. The stock has a market cap of $81.22 million, a price-to-earnings ratio of 7.38 and a beta of 1.71. The firm has a 50-day moving average of $0.69 and a two-hundred day moving average of $0.57. Vista Gold has a 1 year low of $0.30 and a 1 year high of $0.83.

Vista Gold (NYSE:VGZ) last issued its earnings results on Wednesday, October 23rd. The company reported ($0.01) earnings per share for the quarter. Research analysts expect that Vista Gold will post 0.09 earnings per share for the current year.

Institutional Investors Weigh In On Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Cetera Advisors LLC purchased a new stake in shares of Vista Gold Corp. (NYSE:VGZ) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 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 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.