Vista Gold Corporation (VGZ) Receives Analyst Rating

Vista Gold Corporation (VGZ) : 1 brokerage houses believe that Vista Gold Corporation (VGZ) is a Strong Buy at current levels. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 1 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.


Vista Gold Corporation (NYSEMKT:VGZ): After opening at $0.99, the stock dipped to an intraday low of $0.9618 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $1.02 and the buying power remained strong till the end. The stock closed at $1.01 for the day, a gain of 3.12% for the day session. The total traded volume was 623,377. The stocks close on the previous trading day was $0.9794.

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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