67,550 Shares in Vista Gold Corp. (NYSE:VGZ) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in shares of Vista Gold Corp. (NYSE:VGZ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 67,550 shares of the company’s stock, valued at approximately $38,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Nilsine Partners LLC bought a new position in Vista Gold during the 4th quarter valued at approximately $1,100,000. Sprott Inc. bought a new position in shares of Vista Gold in the 4th quarter worth approximately $86,000. Finally, Prairiewood Capital LLC purchased a new stake in shares of Vista Gold in the 4th quarter worth approximately $31,000. 27.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, HC Wainwright restated a “buy” rating and issued a $2.75 price target on shares of Vista Gold in a research note on Thursday, May 1st.

Vista Gold Price Performance

NYSE VGZ opened at $0.93 on Thursday. Vista Gold Corp. has a 1-year low of $0.46 and a 1-year high of $1.05. The business’s fifty day moving average price is $0.83 and its 200-day moving average price is $0.68. The stock has a market capitalization of $116.43 million, a price-to-earnings ratio of 10.36 and a beta of 1.07.

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.