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

StockNews.com started coverage on shares of Vista Gold (NYSE:VGZ) in a research note published on Friday. The brokerage issued a hold rating on the stock.

Separately, HC Wainwright cut their price objective on shares of Vista Gold from $2.75 to $2.50 and set a buy rating on the stock in a report on Friday, August 4th.

Vista Gold Price Performance

Shares of VGZ stock opened at $0.31 on Friday. The firm has a market cap of $37.53 million, a price-to-earnings ratio of -6.20 and a beta of 1.49. The company’s 50 day moving average is $0.38 and its 200 day moving average is $0.48. Vista Gold has a 52-week low of $0.30 and a 52-week high of $0.76.

Vista Gold (NYSE:VGZ) last issued its quarterly earnings data on Tuesday, November 7th. The company reported ($0.01) earnings per share (EPS) for the quarter. Analysts anticipate that Vista Gold will post -0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Vista Gold

Institutional investors and hedge funds have recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its holdings in shares of Vista Gold by 24.0% during the first quarter. Commonwealth Equity Services LLC now owns 77,500 shares of the company’s stock valued at $46,000 after buying an additional 15,000 shares during the last quarter. Two Sigma Securities LLC purchased a new stake in shares of Vista Gold during the second quarter valued at $47,000. Renaissance Technologies LLC grew its holdings in shares of Vista Gold by 64.6% during the fourth quarter. Renaissance Technologies LLC now owns 272,415 shares of the company’s stock valued at $135,000 after buying an additional 106,874 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Vista Gold by 4.1% during the second quarter. Cetera Investment Advisers now owns 1,806,100 shares of the company’s stock valued at $939,000 after buying an additional 71,659 shares during the last quarter. 29.45% of the stock is owned by hedge funds and other institutional investors.

Vista Gold Company Profile

Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and development projects primarily in Australia. The company's flagship asset is the 100% owned Mt Todd gold project located in Northern Territory, Australia.