Vista Gold Corp. (NYSEMKT:VGZ) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Thursday. The firm presently has a $0.75 price target on the basic materials company’s stock. Zacks Investment Research‘s price target suggests a potential downside of 6.25% from the company’s previous close.
According to Zacks, “Vista Gold Corp. is a mining company which produces gold from its Crofoot/Lewis mine in Nevada and explores for precious metals in the United Stattes, Canada, Mexico, Bolivia, Vanezuela and Ecuador. “
Separately, ValuEngine downgraded shares of Vista Gold Corp. from a “hold” rating to a “sell” rating in a report on Thursday, May 18th.
Vista Gold Corp. (NYSEMKT VGZ) opened at 0.80 on Thursday. Vista Gold Corp. has a one year low of $0.63 and a one year high of $1.24. The stock has a 50 day moving average price of $0.80 and a 200-day moving average price of $0.94. The firm’s market capitalization is $78.56 million.
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About Vista Gold Corp.
Vista Gold Corp. is engaged in the gold mining industry. The Company focuses on the evaluation, acquisition, exploration and advancement of gold exploration. The Company operates in the segment of evaluation, acquisition and exploration activities, which focus principally in Australia. The Company’s principal asset is its Mt Todd gold project in Northern Territory, Australia.
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