In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Vista Gold (VGZ – Research Report), with a price target of $2.25. The company’s shares closed last Thursday at $0.63.
According to TipRanks.com, Ihle is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -13.9% and a 25.7% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Tanzanian Royalty Exploration, and Northern Dynasty Minerals.
Vista Gold has an analyst consensus of Moderate Buy, with a price target consensus of $2.25.
Vista Gold’s market cap is currently $74.48M and has a P/E ratio of -5.62.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VGZ in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Vista Gold Corp. engages in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects. It focuses on Mt. Todd in Northern Territory, Australia project. The company was founded on November 28, 1983 and is headquartered in Littleton, CO.
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