Vista Gold Corp. (NYSEAMERICAN:VGZ) (TSE:VGZ) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,220,007 shares, a decrease of 0.3% from the January 12th total of 1,223,718 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 297,349 shares, the days-to-cover ratio is currently 4.1 days.
Vista Gold (NYSEAMERICAN:VGZ) opened at $0.82 on Tuesday. Vista Gold has a 12-month low of $0.60 and a 12-month high of $1.23. The stock has a market capitalization of $74.80, a price-to-earnings ratio of -8.40 and a beta of -1.61.
Separately, HC Wainwright set a $2.00 price target on Vista Gold and gave the stock a “buy” rating in a research report on Tuesday, November 28th.
In related news, Director Tracy Austin Stevenson acquired 50,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average cost of $0.61 per share, for a total transaction 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 legal filing with the Securities & Exchange Commission, which is accessible through this link.
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About Vista Gold
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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