Kopernik Global Investors LLC increased its position in shares of Vista Gold Corp. (NYSEAMERICAN:VGZ – Free Report) by 461.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 13,852,010 shares of the company’s stock after buying an additional 11,385,421 shares during the period. Vista Gold makes up 1.9% of Kopernik Global Investors LLC’s holdings, making the stock its 17th biggest holding. Kopernik Global Investors LLC owned 0.09% of Vista Gold worth $27,150,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of VGZ. Hsbc Holdings PLC bought a new stake in Vista Gold during the first quarter valued at $30,000. Squarepoint Ops LLC acquired a new position in shares of Vista Gold in the 3rd quarter valued at about $34,000. Dimensional Fund Advisors LP acquired a new position in shares of Vista Gold in the 3rd quarter valued at about $34,000. Virtu Financial LLC bought a new stake in shares of Vista Gold during the 4th quarter valued at about $34,000. Finally, StoneX Group Inc. grew its stake in Vista Gold by 62.1% during the fourth quarter. StoneX Group Inc. now owns 23,383 shares of the company’s stock worth $46,000 after purchasing an additional 8,961 shares during the period. Institutional investors and hedge funds own 27.29% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reiterated a “buy” rating and issued a $4.50 target price on shares of Vista Gold in a report on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $4.50.
Vista Gold Stock Up 3.6%
Vista Gold stock opened at $1.74 on Thursday. The company has a market capitalization of $253.99 million, a PE ratio of -29.00 and a beta of 1.25. Vista Gold Corp. has a 12-month low of $0.91 and a 12-month high of $3.13. The firm’s fifty day moving average is $2.06 and its 200 day moving average is $2.21.
Vista Gold (NYSEAMERICAN:VGZ – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.02) EPS for the quarter. Sell-side analysts expect that Vista Gold Corp. will post -0.06 EPS for the current fiscal year.
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.
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