Vista Gold Corp. [AMEX: VGZ] jumped around 0.07 points on Thursday, while shares priced at $0.99 at the close of the session, up 7.73%. The company report on January 22, 2021 that Vista Gold Drilling Confirms North Extension of the Batman Core Zone at the Mt Todd Gold Project.
Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to provide results from the ongoing drilling program at the Company’s 100% owned Mt Todd gold project (“Mt Todd” or the “Project”) located in Northern Territory, Australia.
North Extension Drilling Highlights.
Vista Gold Corp. stock is now -8.33% down from its year-to-date (YTD) trading value. VGZ Stock saw the intraday high of $0.99 and lowest of $0.92 per share. The company’s 52-week high price is 1.45, which means current price is +12.51% above from all time high which was touched on 01/06/21.
Compared to the average trading volume of 423.97K shares, VGZ reached a trading volume of 1002948 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Vista Gold Corp. [VGZ]?
ROTH Capital have made an estimate for Vista Gold Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 27, 2020. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on June 29, 2015, representing the official price target for Vista Gold Corp. stock. Previously, the target price had yet another raise to $1.25, while H.C. Wainwright analysts kept a Buy rating on VGZ stock. On October 10, 2013, analysts decreased their price target for VGZ shares from 3.57 to 2.91.
The Average True Range (ATR) for Vista Gold Corp. is set at 0.08 The Price to Book ratio for the last quarter was 5.82, with the Price to Cash per share for the same quarter was set at 0.10.
How has VGZ stock performed recently?
Vista Gold Corp. [VGZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.60. With this latest performance, VGZ shares dropped by -8.33% in over the last four-week period, additionally plugging by 0.57% over the last 6 months – not to mention a rise of 48.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VGZ stock in for the last two-week period is set at 44.00, with the RSI for the last a single of trading hit 42.10, and the three-weeks RSI is set at 45.49 for Vista Gold Corp. [VGZ]. The present Moving Average for the last 50 days of trading for this stock 1.0405, while it was recorded at 0.9802 for the last single week of trading, and 1.0048 for the last 200 days.
Vista Gold Corp. [VGZ]: Deeper insight into the fundamentals
Return on Total Capital for VGZ is now -47.57, given the latest momentum, and Return on Invested Capital for the company is -55.36. Return on Equity for this stock declined to -55.37, with Return on Assets sitting at -47.33. When it comes to the capital structure of this company, Vista Gold Corp. [VGZ] has a Total Debt to Total Equity ratio set at 0.70. Additionally, VGZ Total Debt to Total Capital is recorded at 0.70, with Total Debt to Total Assets ending up at 0.53. Long-Term Debt to Equity for the company is recorded at 0.06, with the Long-Term Debt to Total Capital now at 0.06.
Reflecting on the efficiency of the workforce at the company, Vista Gold Corp. [VGZ] managed to generate an average of -$625,733 per employee.Vista Gold Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 13.70 and a Current Ratio set at 13.70.
Insider trade positions for Vista Gold Corp. [VGZ]
There are presently around $31 million, or 30.20% of VGZ stock, in the hands of institutional investors. The top three institutional holders of VGZ stocks are: SUN VALLEY GOLD LLC with ownership of 18,622,544, which is approximately 0% of the company’s market cap and around 3.20% of the total institutional ownership; EURO PACIFIC ASSET MANAGEMENT, LLC, holding 5,200,323 shares of the stock with an approximate value of $5.15 million in VGZ stocks shares; and LOEWS CORP, currently with $3.17 million in VGZ stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Vista Gold Corp. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 17 institutional holders increased their position in Vista Gold Corp. [AMEX:VGZ] by around 1,037,367 shares. Additionally, 7 investors decreased positions by around 160,639 shares, while 9 investors held positions by with 29,952,233 shares. The mentioned changes placed institutional holdings at 31,150,239 shares, according to the latest SEC report filing. VGZ stock had 4 new institutional investments in for a total of 38,619 shares, while 2 institutional investors sold positions of 43,164 shares during the same period.