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

Vista Gold (NYSE:VGZ) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Friday.

Separately, HC Wainwright reiterated a “buy” rating and issued a $2.75 price target on shares of Vista Gold in a research report on Tuesday, August 20th.

Vista Gold Price Performance

Shares of NYSE VGZ traded down $0.03 during trading hours on Friday, reaching $0.66. The stock had a trading volume of 350,080 shares, compared to its average volume of 324,972. The business’s fifty day moving average is $0.69 and its two-hundred day moving average is $0.57. The company has a market cap of $80.46 million, a price-to-earnings ratio of -16.52 and a beta of 1.71. Vista Gold has a twelve month low of $0.30 and a twelve month high of $0.83.

Vista Gold (NYSE:VGZ) last issued its earnings results on Wednesday, October 23rd. The company reported ($0.01) EPS for the quarter. Sell-side analysts forecast that Vista Gold will post 0.09 earnings per share for the current fiscal year.

Institutional Trading of 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) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,993,900 shares of the company’s stock, valued at approximately $1,126,000. Cetera Advisors LLC owned 1.64% of Vista Gold at the end of the most recent reporting period. 27.29% of the stock is owned by hedge funds and other institutional investors.

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.