FY2024 EPS Estimates for Vista Gold Corp. Lifted by Analyst (NYSE:VGZ)

Vista Gold Corp. (NYSE:VGZ) – Equities researchers at HC Wainwright raised their FY2024 earnings estimates for Vista Gold in a report issued on Monday, June 24th. HC Wainwright analyst H. Ihle now forecasts that the company will earn ($0.05) per share for the year, up from their previous estimate of ($0.06). HC Wainwright currently has a “Buy” rating and a $2.75 target price on the stock. The consensus estimate for Vista Gold’s current full-year earnings is ($0.05) per share.

Vista Gold (NYSE:VGZ) last issued its quarterly earnings results on Thursday, May 2nd. The company reported ($0.01) EPS for the quarter.

Separately, StockNews.com initiated coverage on shares of Vista Gold in a report on Friday, June 21st. They issued a “hold” rating on the stock.

Vista Gold Trading Down 3.1 %

Shares of NYSE VGZ opened at $0.47 on Wednesday. The firm’s 50-day moving average price is $0.50 and its 200-day moving average price is $0.46. Vista Gold has a 1-year low of $0.30 and a 1-year high of $0.62. The firm has a market capitalization of $56.62 million, a P/E ratio of -11.63 and a beta of 1.73.

Institutional Investors Weigh In On Vista Gold

A hedge fund recently bought a new stake in Vista Gold stock. Cetera Advisors LLC acquired a new stake in Vista Gold Corp. (NYSE:VGZ) in the first quarter, according to its most recent filing with the SEC. The fund acquired 1,993,900 shares of the company’s stock, valued at approximately $1,126,000. Cetera Advisors LLC owned approximately 1.64% of Vista Gold at the end of the most recent quarter. Institutional investors own 27.29% of the company’s stock.

About Vista Gold

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.