Vista Gold (NYSE:VGZ) Stock Price Down 0.1% – What’s Next?

Vista Gold Corp. (NYSE:VGZ)’s share price dropped 0.1% on Friday . The stock traded as low as $0.77 and last traded at $0.78. Approximately 742,474 shares were traded during trading, an increase of 96% from the average daily volume of 378,113 shares. The stock had previously closed at $0.78.

Vista Gold Price Performance

The firm has a market cap of $97.08 million, a P/E ratio of 8.67 and a beta of 1.53. The stock’s 50 day moving average is $0.71 and its two-hundred day moving average is $0.65.

Hedge Funds Weigh In On Vista Gold

A number of hedge funds have recently modified their holdings of the stock. Two Sigma Securities LLC acquired a new stake in Vista Gold in the 4th quarter valued at $25,000. Prairiewood Capital LLC bought a new position in shares of Vista Gold during the fourth quarter valued at $31,000. Kopernik Global Investors LLC lifted its holdings in shares of Vista Gold by 1.6% during the fourth quarter. Kopernik Global Investors LLC now owns 4,006,199 shares of the company’s stock valued at $2,235,000 after acquiring an additional 63,577 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Vista Gold in the 4th quarter valued at $38,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Vista Gold in the 3rd quarter worth about $62,000. 27.29% of the stock is owned by institutional investors and hedge funds.

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.