Vista Gold (NYSEAMERICAN:VGZ) (TSE:VGZ) has been given a $3.00 price objective by equities researchers at HC Wainwright in a note issued to investors on Monday. The firm currently has a “buy” rating on the basic materials company’s stock. HC Wainwright’s price target suggests a potential upside of 265.85% from the stock’s previous close.
Vista Gold (VGZ) traded up $0.03 on Monday, hitting $0.82. The stock had a trading volume of 130,622 shares, compared to its average volume of 342,035. The company has a market capitalization of $74.80, a PE ratio of -8.40 and a beta of -1.61. Vista Gold has a 1-year low of $0.60 and a 1-year high of $1.23.
In related news, Director Tracy Austin Stevenson purchased 50,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of $0.61 per share, with a total value of $30,500.00. Following the purchase, the director now directly owns 285,398 shares in the company, valued at $174,092.78. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
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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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