Vista Gold Corp. (NYSEAMERICAN:VGZ) (TSE:VGZ) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 1,039,462 shares, a drop of 7.3% from the August 15th total of 1,121,091 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 138,430 shares, the days-to-cover ratio is presently 7.5 days.

NYSEAMERICAN:VGZ opened at $0.49 on Friday. Vista Gold has a twelve month low of $0.46 and a twelve month high of $0.87.

Vista Gold (NYSEAMERICAN:VGZ) (TSE:VGZ) last released its quarterly earnings data on Wednesday, July 25th. The basic materials company reported ($0.02) earnings per share for the quarter.

Several analysts recently weighed in on VGZ shares. Zacks Investment Research raised Vista Gold from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a research note on Friday, August 3rd. HC Wainwright set a $3.00 price objective on Vista Gold and gave the company a “buy” rating in a research note on Monday, July 30th.

About Vista Gold

Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects primarily in Australia. Its flagship asset is its 100% owned Mt Todd gold project located in Northern Territory. The company was founded in 1983 and is based in Littleton, Colorado.

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