Vista Gold (NYSEAMERICAN:VGZ) Releases Quarterly Earnings Results

Vista Gold (NYSEAMERICAN:VGZ) issued its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share for the quarter, FiscalAI reports.

Vista Gold Trading Up 5.9%

Shares of NYSEAMERICAN:VGZ traded up $0.12 during trading on Thursday, reaching $2.16. 888,522 shares of the stock were exchanged, compared to its average volume of 1,109,722. Vista Gold has a 12 month low of $0.88 and a 12 month high of $3.13. The stock has a 50-day moving average price of $2.20 and a 200-day moving average price of $2.13.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “buy” rating on shares of Vista Gold in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $3.00.

Institutional Investors Weigh In On Vista Gold

Institutional investors have recently made changes to their positions in the company. Brookstone Capital Management bought a new stake in shares of Vista Gold during the third quarter worth approximately $26,000. Jane Street Group LLC bought a new stake in shares of Vista Gold during the first quarter worth approximately $30,000. Virtu Financial LLC bought a new stake in shares of Vista Gold during the fourth quarter worth approximately $34,000. Dimensional Fund Advisors LP bought a new stake in shares of Vista Gold during the third quarter worth approximately $34,000. Finally, Squarepoint Ops LLC bought a new position in shares of Vista Gold during the third quarter worth approximately $34,000. Institutional investors own 27.29% of the company’s stock.

Vista Gold Company Profile

Vista Gold Corp is a mineral exploration and development company focused on the acquisition, exploration and advancement of gold resource projects. The company’s primary objective is to bring high-quality gold deposits into production through systematic exploration, feasibility studies and environmental permitting. Vista Gold’s technical team applies modern exploration and development methodologies to de-risk assets and demonstrate the economic potential of its mineral holdings.

The company’s flagship asset is the Mt Todd gold project, located in the Northern Territory of Australia.