Zacks Investment Research cut shares of Vista Gold (NYSEAMERICAN:VGZ) (TSE:VGZ) from a hold rating to a sell rating in a report published on Thursday morning.
According to Zacks, “Vista Gold Corp. is a mining company which produces gold from its Crofoot/Lewis mine in Nevada and explores for precious metals in the United Stattes, Canada, Mexico, Bolivia, Vanezuela and Ecuador. “
Separately, HC Wainwright set a $2.00 price target on Vista Gold and gave the company a buy rating in a research note on Tuesday, November 28th.
Vista Gold (NYSEAMERICAN:VGZ) (TSE:VGZ) last posted its quarterly earnings results on Tuesday, March 6th. The basic materials company reported ($0.03) earnings per share for the quarter.
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About Vista Gold
Vista Gold Corp. is engaged in the gold mining industry. The Company focuses on the evaluation, acquisition, exploration and advancement of gold exploration. The Company operates in the segment of evaluation, acquisition and exploration activities, which focus principally in Australia. The Company’s principal asset is its Mt Todd gold project in Northern Territory, Australia.
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