Vista Gold Corporation (VGZ) has been under a strong bear grip, hence the stock is down -15.8% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 22.98% in the past 1 week. The stock has risen by 22.9% in the past week indicating that the buyers are active at lower levels, but the stock is down -12.97% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.85% and the 50-Day Moving Average is 26.57%. Vista Gold Corp. is up 96.34% in the last 3-month period. Year-to-Date the stock performance stands at 475%.
Vista Gold Corporation (NYSEMKT:VGZ): On Fridays trading session , Opening price of the stock was $1.73 with an intraday high of $1.74. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $1.525. However, the stock managed to close at $1.61, a loss of 1.83% for the day. On the previous day, the stock had closed at $1.64. The total traded volume of the day was 1,672,464 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.