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

StockNews.com downgraded shares of Vista Gold (NYSE:VGZ) from a hold rating to a sell rating in a research report sent to investors on Friday.

Separately, HC Wainwright restated 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 Stock Down 5.6 %

VGZ stock opened at $0.66 on Friday. The company has a market cap of $80.60 million, a price-to-earnings ratio of 7.28 and a beta of 1.71. Vista Gold has a twelve month low of $0.30 and a twelve month high of $0.83. The business has a 50 day moving average price of $0.69 and a two-hundred day moving average price of $0.57.

Vista Gold (NYSE:VGZ) last released its earnings results on Wednesday, October 23rd. The company reported ($0.01) earnings per share for the quarter. On average, equities research analysts anticipate that Vista Gold will post 0.09 EPS for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Vista Gold stock. Cetera Advisors LLC purchased a new position in shares of Vista Gold Corp. (NYSE:VGZ) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,993,900 shares of the company’s stock, valued at approximately $1,126,000. Cetera Advisors LLC owned about 1.64% of Vista Gold at the end of the most recent quarter. 27.29% of the stock is currently owned by institutional investors and hedge funds.

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.