Vista Gold (NYSE:VGZ) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Vista Gold (NYSE:VGZ) in a research note issued to investors on Wednesday. The brokerage issued a hold rating on the stock.

Separately, HC Wainwright restated a buy rating and issued a $2.75 price target on shares of Vista Gold in a research note on Tuesday, July 30th.

Vista Gold Stock Performance

VGZ opened at $0.53 on Wednesday. The stock’s fifty day simple moving average is $0.50 and its 200 day simple moving average is $0.48. Vista Gold has a 1-year low of $0.30 and a 1-year high of $0.62. The stock has a market cap of $64.53 million, a PE ratio of -13.19 and a beta of 1.66.

Hedge Funds Weigh In On Vista Gold

An institutional investor recently bought a new position in Vista Gold stock. Cetera Advisors LLC purchased a new stake in Vista Gold Corp. (NYSE:VGZ) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 as of its most recent SEC filing. Institutional investors and hedge funds 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.