Vista Gold Corp. Sees Significant Growth in Short Interest (VGZ)
Vista Gold Corp. (NYSE:VGZ) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 162,827 shares, a growth of 52.4% from the July 31st total of 106,876 shares, AnalystRatings.Net reports. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 98,264 shares, the days-to-cover ratio is currently 1.7 days.
Separately, analysts at HC Wainwright initiated coverage on shares of Vista Gold Corp. in a research note on Thursday, June 19th. They set a “buy” rating and a $1.25 price target on the stock.
Shares of Vista Gold Corp. (NYSE:VGZ) opened at 0.4658 on Wednesday. Vista Gold Corp. has a 52 week low of $0.33 and a 52 week high of $1.05. The stock’s 50-day moving average is $0.47 and its 200-day moving average is $0.51. The company’s market cap is $38.3 million.
Vista Gold Corp. (NYSE:VGZ) is engaged in the evaluation, acquisition, exploration and advancement of gold exploration and potential development projects.
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