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

Shares of Vista Gold Corp. (NYSE:VGZ) fell 0.8% during mid-day trading on Thursday . The stock traded as low as $0.55 and last traded at $0.56. 116,588 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 123,718 shares. The stock had previously closed at $0.56.

Wall Street Analysts Forecast Growth

VGZ has been the subject of a number of recent research reports. StockNews.com downgraded shares of Vista Gold from a “hold” rating to a “sell” rating in a research note on Friday, October 25th. HC Wainwright restated a “buy” rating and issued a $2.75 price target on shares of Vista Gold in a research note on Wednesday, December 11th.

Vista Gold Price Performance

The business’s 50 day simple moving average is $0.57 and its 200 day simple moving average is $0.60. The stock has a market cap of $68.96 million, a price-to-earnings ratio of 6.22 and a beta of 1.71.

Vista Gold (NYSE:VGZ) last issued its earnings results on Wednesday, October 23rd. The company reported ($0.01) earnings per share (EPS) for the quarter. Equities research analysts forecast that Vista Gold Corp. will post 0.09 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vista Gold

An institutional investor recently bought a new position in Vista Gold stock. Integrated Wealth Concepts LLC bought a new stake in Vista Gold Corp. (NYSE:VGZ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 80,000 shares of the company’s stock, valued at approximately $62,000. Integrated Wealth Concepts LLC owned 0.06% of Vista Gold as of its most recent filing with the Securities and Exchange Commission (SEC). 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.