Vista Gold (NYSE:VGZ) Price Target Raised to $2.75 at HC Wainwright

Vista Gold (NYSE:VGZ) had its price objective hoisted by stock analysts at HC Wainwright from $2.50 to $2.75 in a note issued to investors on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s target price would indicate a potential upside of 485.85% from the company’s current price.

Separately, StockNews.com assumed coverage on shares of Vista Gold in a research report on Friday. They set a “hold” rating on the stock.

Vista Gold Stock Down 2.6 %

NYSE:VGZ opened at $0.47 on Monday. The company has a market cap of $57.15 million, a price-to-earnings ratio of -11.74 and a beta of 1.73. The company has a fifty day simple moving average of $0.51 and a two-hundred day simple moving average of $0.46. Vista Gold has a 52 week low of $0.30 and a 52 week high of $0.62.

Vista Gold (NYSE:VGZ) last released its quarterly earnings data on Thursday, May 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, analysts expect that Vista Gold will post -0.06 EPS for the current 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 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,993,900 shares of the company’s stock, valued at approximately $1,126,000. Cetera Advisors LLC owned about 1.64% of Vista Gold at the end of the most recent reporting period. Hedge funds and other institutional investors 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.