380,000 Shares in Vista Gold Corp. $VGZ Purchased by Fore Capital LLC

Fore Capital LLC acquired a new position in Vista Gold Corp. (NYSEAMERICAN:VGZ) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 380,000 shares of the company’s stock, valued at approximately $748,000. Vista Gold accounts for about 0.2% of Fore Capital LLC’s portfolio, making the stock its 25th biggest holding.

A number of other hedge funds also recently added to or reduced their stakes in VGZ. Trek Financial LLC purchased a new stake in Vista Gold in the fourth quarter worth about $4,040,000. Goldman Sachs Group Inc. lifted its stake in Vista Gold by 289.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 518,594 shares of the company’s stock worth $1,022,000 after acquiring an additional 385,494 shares during the period. Mariner LLC purchased a new stake in Vista Gold in the third quarter worth about $320,000. Sprott Inc. lifted its stake in Vista Gold by 81.0% in the third quarter. Sprott Inc. now owns 321,079 shares of the company’s stock worth $684,000 after acquiring an additional 143,689 shares during the period. Finally, Millennium Management LLC bought a new position in Vista Gold in the third quarter worth about $216,000. 27.29% of the stock is owned by hedge funds and other institutional investors.

Vista Gold Stock Up 4.0%

VGZ opened at $2.36 on Friday. Vista Gold Corp. has a 52-week low of $0.91 and a 52-week high of $3.13. The company has a market cap of $344.49 million, a P/E ratio of -39.33 and a beta of 1.22. The firm’s 50-day moving average price is $2.15 and its 200-day moving average price is $2.22.

Vista Gold (NYSEAMERICAN:VGZ) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($0.02) earnings per share (EPS) for the quarter. On average, research analysts anticipate that Vista Gold Corp. will post -0.06 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

About Vista Gold

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.