Vista Gold (VGZ) Given a $3.00 Price Target at HC Wainwright

HC Wainwright set a $3.00 price objective on Vista Gold (NYSEAMERICAN:VGZ) (TSE:VGZ) in a research note released on Monday. The brokerage currently has a buy rating on the basic materials company’s stock.

Vista Gold (VGZ) opened at $0.82 on Monday. Vista Gold has a one year low of $0.60 and a one year high of $1.23. The firm has a market cap of $74.80, a price-to-earnings ratio of -8.40 and a beta of -1.61.

In related news, Director Tracy Austin Stevenson purchased 50,000 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were acquired at an average cost of $0.61 per share, with a total value of $30,500.00. Following the completion of the purchase, the director now owns 285,398 shares of the company’s stock, valued at approximately $174,092.78. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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Vista Gold Company Profile

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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