Vista Gold (NYSE:VGZ) Trading Down 0.8% – Time to Sell?

Vista Gold Corp. (NYSE:VGZ)’s stock price traded down 0.8% during trading on Thursday . The company traded as low as $0.55 and last traded at $0.56. 116,588 shares were traded during trading, a decline of 6% from the average session volume of 123,718 shares. The stock had previously closed at $0.56.

Analyst Upgrades and Downgrades

VGZ has been the topic of several research reports. HC Wainwright reaffirmed a “buy” rating and issued a $2.75 price objective on shares of Vista Gold in a research report on Wednesday, December 11th. StockNews.com downgraded Vista Gold from a “hold” rating to a “sell” rating in a report on Friday, October 25th.

Vista Gold Price Performance

The firm has a market cap of $68.96 million, a price-to-earnings ratio of 6.22 and a beta of 1.71. The company’s fifty day moving average is $0.57 and its 200 day moving average is $0.60.

Vista Gold (NYSE:VGZ) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported ($0.01) EPS for the quarter. On average, equities research analysts forecast that Vista Gold Corp. will post 0.09 EPS for the current fiscal year.

Institutional Trading of Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Integrated Wealth Concepts LLC acquired a new position in shares of Vista Gold Corp. (NYSE:VGZ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 80,000 shares of the company’s stock, valued at approximately $62,000. Integrated Wealth Concepts LLC owned 0.06% 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.