Vista Gold (NYSE: VGZ) Reports Quarterly Earnings Results

On Wednesday, Vista Gold (NYSE: VGZ - Get Free Report) released its quarterly earnings data, revealing an earnings per share (EPS) of ($0.01) for the quarter, as reported by RTT News.

Vista Gold Stock Performance

During Friday's mid-day trading session, Vista Gold's stock fell by 0.8%, losing $0.01 to reach a price of $0.69. The trading volume for the day was recorded at 140,032 shares, which is lower than the average volume of 323,986 shares. Vista Gold has a market capitalization of approximately $83.74 million, a price-to-earnings (P/E) ratio of -17.25, and a beta value of 1.71. Over the past year, the stock has experienced a low of $0.30 and a high of $0.83. Currently, its fifty-day moving average price stands at $0.68, while the two-hundred-day moving average price is $0.57.

Analysts' Outlook on Vista Gold

Recently, various research firms have provided their insights on VGZ. StockNews.com initiated coverage on the stock in a note published on August 14, rating it as a "hold." Meanwhile, HC Wainwright reiterated a "buy" rating and set a price target of $2.75 for Vista Gold in a research report released on August 20.

Company Overview

Vista Gold Corp., along with its subsidiaries, is focused on acquiring, exploring, evaluating, and advancing gold exploration and development projects, particularly in Australia. The flagship asset of the company is the 100% owned Mt Todd gold project situated in the Northern Territory of Australia. Vista Gold was established in 1983 and is headquartered in Englewood, Colorado.

Investment Considerations

For those considering investing in Vista Gold, it is important to be aware of the current market sentiment. According to MarketBeat, a platform that tracks trading analysts, Vista Gold is currently rated as a "Buy"; however, analysts have identified five other stocks that they believe pose better investment opportunities.

Vista, Gold, Earnings