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

StockNews.com lowered shares of Vista Gold (NYSE:VGZ) from a hold rating to a sell rating in a report published on Friday morning.

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

Vista Gold Trading Down 5.6 %

Shares of NYSE:VGZ opened at $0.66 on Friday. The company has a 50 day moving average of $0.69 and a 200 day moving average of $0.57. The stock has a market cap of $80.60 million, a P/E ratio of 8.08 and a beta of 1.71. Vista Gold has a 12 month low of $0.30 and a 12 month high of $0.83.

Vista Gold (NYSE:VGZ) last released its quarterly earnings results on Wednesday, October 23rd. The company reported ($0.01) earnings per share for the quarter. On average, equities analysts forecast that Vista Gold will post 0.09 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Vista Gold stock. Cetera Advisors LLC acquired a new position in Vista Gold Corp. (NYSE:VGZ) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 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 at the end of the most recent quarter. 27.29% of the stock is owned by institutional investors.

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.