Vista Gold (NYSE:VGZ) Shares Down 0.8% – Time to Sell?

Vista Gold Corp. (NYSE:VGZ) was down 0.8% during trading on Thursday . The company traded as low as $0.55 and last traded at $0.56. Approximately 116,588 shares traded hands during trading, a decline of 6% from the average daily volume of 123,718 shares. The stock had previously closed at $0.56.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VGZ. HC Wainwright reiterated a “buy” rating and set a $2.75 price target on shares of Vista Gold in a report on Wednesday, December 11th. StockNews.com cut shares of Vista Gold from a “hold” rating to a “sell” rating in a research note on Friday, October 25th.

Vista Gold Stock Performance

The stock has a market cap of $68.96 million, a price-to-earnings ratio of 6.22 and a beta of 1.71. The firm’s 50-day simple moving average is $0.57 and its two-hundred day simple moving average is $0.60.

Vista Gold (NYSE:VGZ) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported ($0.01) EPS for the quarter. Equities research analysts expect that Vista Gold Corp. will post 0.09 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Vista Gold stock. Integrated Wealth Concepts LLC bought a new stake in Vista Gold Corp. (NYSE:VGZ) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 80,000 shares of the company’s stock, valued at approximately $62,000. Integrated Wealth Concepts LLC owned approximately 0.06% of Vista Gold as of its most recent filing with the Securities and Exchange Commission. 27.29% of the stock is owned by institutional investors.

Vista Gold Company Profile

Vista Gold Corp., together with its subsidiaries, acquires, explores, evaluates, and advances gold exploration and development projects in Australia. Its flagship asset is the 100% owned Mt Todd gold project located in Northern Territory, Australia. The company was incorporated in 1983 and is based in Englewood, Colorado.