Sprott Inc. Takes Position in Vista Gold Corp. (NYSE:VGZ)

Sprott Inc. bought a new stake in shares of Vista Gold Corp. (NYSE:VGZ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 154,900 shares of the company’s stock, valued at approximately $86,000.

Other large investors have also added to or reduced their stakes in the company. Nilsine Partners LLC acquired a new position in Vista Gold in the fourth quarter valued at approximately $1,100,000. Prairiewood Capital LLC bought a new stake in shares of Vista Gold in the 4th quarter valued at $31,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Vista Gold during the 3rd quarter valued at $62,000. Institutional investors and hedge funds own 27.29% of the company’s stock.

Vista Gold Price Performance

Shares of Vista Gold stock opened at $0.63 on Thursday. The business has a 50-day simple moving average of $0.60 and a 200 day simple moving average of $0.63. The firm has a market capitalization of $77.95 million, a price-to-earnings ratio of 7.03 and a beta of 1.72. Vista Gold Corp. has a one year low of $0.33 and a one year high of $0.83.

Analyst Ratings Changes

Separately, HC Wainwright restated a “buy” rating and issued a $2.75 price target on shares of Vista Gold in a report on Wednesday, December 11th.

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.