Analyst Rating Update on Vista Gold Corporation (VGZ)

Vista Gold Corporation (VGZ) : The consensus on Vista Gold Corporation (VGZ) based on 1 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

For the current week, the company shares have a recommendation consensus of Buy.


Vista Gold Corporation (NYSEMKT:VGZ): The stock opened at $1.28 on Wednesday but the bulls could not build on the opening and the stock topped out at $1.30 for the day. The stock traded down to $1.21 during the day, due to lack of any buying support eventually closed down at $1.26 with a loss of -18.71% for the day. The stock had closed at $1.55 on the previous day. The total traded volume was 6,081,729 shares.

Vista Gold Corp. is engaged in the gold mining industry. The Company is focused on the evaluation, acquisition, exploration and advancement of gold exploration and potential development projects, which may lead to gold production or value adding strategic transactions, such as earn-in right agreements, option agreements, leases to third parties, joint venture arrangements with other mining companies, or outright sales of assets for cash and other consideration. The Company operates through mineral exploration segment, consisting of evaluation, acquisition and exploration activities, which are focused principally in Australia and North America. The Companys assets include the Mt Todd gold project in Northern Territory, Australia; the Guadalupe de los Reyes gold/silver project in western Mexico; interest in Midas Gold Corp.; non-core projects in Mexico and the United States, and royalty interests in projects in Bolivia and Indonesia.

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