Vista Gold Corporation (NYSEMKT:VGZ) has risen sharply, recording gains of 87.91% in the past 4 weeks. However, the stock has corrected -10.27% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 84.93% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have rallied 514.82% from its 1 Year high price. On Jun 27, 2016, the shares registered one year high at $2.09 and the one year low was seen on Jul 22, 2015. The 50-Day Moving Average price is $1.20 and the 200 Day Moving Average price is recorded at $0.67.
The stock has recorded a 20-day Moving Average of 13.47% and the 50-Day Moving Average is 58.58%.
Vista Gold Corporation (NYSEMKT:VGZ): stock turned positive on Friday. Though the stock opened at $1.63, the bulls momentum made the stock top out at $1.705 level for the day. The stock recorded a low of $1.54 and closed the trading day at $1.66, in the green by 1.22%. The total traded volume for the day was 1,805,074. The stock had closed at $1.64 in the previous days trading.
In an insider trading activity, Earnest Frederick Hume, director officer (President and CEO) of Vista Gold Corp, unloaded 25,171 shares at an average price of $0.26 on September 14, 2015. The total amount of the transaction was worth $6,544, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.