Vista Gold Corp. (NYSEMKT:VGZ) Lifted to Buy at Zacks Investment Research
Vista Gold Corp. (NYSEMKT:VGZ) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday. The brokerage currently has a $1.00 price target on the basic materials company’s stock. Zacks Investment Research‘s price objective points to a potential upside of 16.28% from the stock’s previous close.
According to Zacks, “Vista Gold Corp. is a mining company which produces gold from its Crofoot/Lewis mine in Nevada and explores for precious metals in the United Stattes, Canada, Mexico, Bolivia, Vanezuela and Ecuador. “
Separately, ValuEngine lowered Vista Gold Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th.
Shares of Vista Gold Corp. (NYSEMKT VGZ) opened at 0.86 on Tuesday. The company’s market capitalization is $84.45 million. Vista Gold Corp. has a 52 week low of $0.80 and a 52 week high of $2.05. The stock has a 50 day moving average price of $0.90 and a 200-day moving average price of $0.99.
Vista Gold Corp. Company Profile
Vista Gold Corp. is engaged in the gold mining industry. The Company focuses on the evaluation, acquisition, exploration and advancement of gold exploration. The Company operates in the segment of evaluation, acquisition and exploration activities, which focus principally in Australia. The Company’s principal asset is its Mt Todd gold project in Northern Territory, Australia.
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