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

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

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

Vista Gold Price Performance

Vista Gold stock opened at $0.66 on Friday. The company has a market cap of $80.60 million, a P/E ratio of 7.28 and a beta of 1.71. Vista Gold has a fifty-two week low of $0.30 and a fifty-two week high of $0.83. The firm’s 50 day simple moving average is $0.69 and its 200-day simple moving average is $0.57.

Vista Gold (NYSE:VGZ) last announced its earnings results on Wednesday, October 23rd. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, analysts expect that Vista Gold will post 0.09 EPS 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 position in shares of Vista Gold Corp. (NYSE:VGZ) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 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 reporting period. Institutional investors and hedge funds 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.