Vista Gold (TSE:VGZ – Get Free Report) (NYSEMKT:VGZ) was downgraded by HC Wainwright from a “strong-buy” rating to a “hold” rating in a research note issued on Friday, Zacks reports.
Vista Gold Price Performance
VGZ traded up C$0.02 during trading on Friday, hitting C$3.76. The company’s stock had a trading volume of 266,749 shares, compared to its average volume of 118,768. The firm’s 50 day moving average price is C$3.64 and its 200-day moving average price is C$3.18. The stock has a market cap of C$548.85 million, a PE ratio of -62.67 and a beta of 3.36. Vista Gold has a twelve month low of C$2.10 and a twelve month high of C$4.25.
About Vista Gold
Vista holds the Mt Todd gold project, a leading development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia. The Company has defined a clear pathway to greater value creation, targeting the commencement of detailed engineering and design by early 2027. This milestone is expected to initiate a 27-month design, construction, and commissioning process. Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside.
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