Vista Gold (NYSEAMERICAN:VGZ) Releases Earnings Results

Vista Gold (NYSEAMERICAN:VGZ) posted its quarterly earnings results on Wednesday. The company reported ($0.02) earnings per share for the quarter, FiscalAI reports.

Vista Gold Stock Up 1.8%

NYSEAMERICAN VGZ opened at $1.71 on Thursday. The stock has a market capitalization of $249.61 million, a PE ratio of -28.50 and a beta of 1.25. Vista Gold has a 12-month low of $0.91 and a 12-month high of $3.13. The company has a 50 day moving average price of $2.01 and a two-hundred day moving average price of $2.20.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and issued a $4.50 target price on shares of Vista Gold in a research note on Wednesday, May 20th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $4.50.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in shares of Vista Gold in the 1st quarter valued at $30,000. Orion Porfolio Solutions LLC increased its position in Vista Gold by 202.7% during the second quarter. Orion Porfolio Solutions LLC now owns 96,154 shares of the company’s stock worth $94,000 after buying an additional 64,392 shares during the last quarter. Captrust Financial Advisors bought a new position in Vista Gold during the second quarter valued at about $40,000. Dimensional Fund Advisors LP bought a new position in Vista Gold during the third quarter valued at about $34,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Vista Gold in the third quarter worth about $54,000. Institutional investors own 27.29% of the company’s stock.

Vista Gold Company Profile

Vista Gold Corp is a mineral exploration and development company focused on the acquisition, exploration and advancement of gold resource projects. The company’s primary objective is to bring high-quality gold deposits into production through systematic exploration, feasibility studies and environmental permitting. Vista Gold’s technical team applies modern exploration and development methodologies to de-risk assets and demonstrate the economic potential of its mineral holdings.

The company’s flagship asset is the Mt Todd gold project, located in the Northern Territory of Australia.