StockNews.com Initiates Coverage on Vista Gold (NYSE:VGZ)

Analysts at StockNews.com initiated coverage on shares of Vista Gold (NYSE:VGZ) in a report released on Wednesday. The brokerage set a “hold” rating on the stock.

Separately, HC Wainwright reissued a “buy” rating and set a $2.50 target price on shares of Vista Gold in a report on Friday, March 15th.

Vista Gold Stock Up 11.2 %

Shares of Vista Gold stock opened at $0.50 on Wednesday. The stock has a market capitalization of $61.24 million, a price-to-earnings ratio of -12.58 and a beta of 1.71. Vista Gold has a twelve month low of $0.30 and a twelve month high of $0.71. The company has a 50-day simple moving average of $0.52 and a two-hundred day simple moving average of $0.42.

Vista Gold (NYSE:VGZ) last released its quarterly earnings results on Thursday, May 2nd. The company reported ($0.01) earnings per share for the quarter. On average, sell-side analysts anticipate that Vista Gold will post -0.06 earnings per share for the current fiscal year.

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.