Vista Gold (TSE:VGZ) Stock Passes Above 50 Day Moving Average – Here’s Why

Vista Gold Corp. (TSE:VGZGet Free Report) (NYSEMKT:VGZ) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$2.77 and traded as high as C$3.17. Vista Gold shares last traded at C$3.15, with a volume of 45,954 shares.

Vista Gold Trading Down 1.2%

The company’s 50-day moving average is C$2.78 and its 200 day moving average is C$3.01. The stock has a market capitalization of C$491.92 million, a PE ratio of -56.17 and a beta of 3.85.

Vista Gold Company Profile

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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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