Vista Gold (TSE:VGZ) Trading 0.8% Higher – Still a Buy?

Vista Gold Corp. (TSE:VGZGet Free Report) (NYSEMKT:VGZ) shot up 0.8% during mid-day trading on Monday . The company traded as high as C$2.50 and last traded at C$2.46. Approximately 13,293 shares traded hands during trading, a decline of 86% from the average daily volume of 97,641 shares. The stock had previously closed at C$2.44.

Vista Gold Price Performance

The business’s fifty day simple moving average is C$2.85 and its two-hundred day simple moving average is C$3.05. The company has a market cap of C$350.33 million, a PE ratio of -40.00 and a beta of 3.86.

Vista Gold Company Profile

(Get Free Report)

Vista holds the Mt Todd gold project, a leading development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia. The Company has defined a clear pathway to greater value creation, targeting the commencement of detailed engineering and design by early 2027. This milestone is expected to initiate a 27-month design, construction, and commissioning process. Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside.

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