H.C. Wainwright Remains a Buy on Vista Gold (VGZ)

H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Vista Gold (VGZResearch Report) today and set a price target of $2.25. The company’s shares closed yesterday at $0.54.

According to TipRanks, Ihle is an analyst with an average return of -16.9% and a 22.89% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Golden Minerals Co, Hecla Mining Company, and Gold Resource.

Currently, the analyst consensus on Vista Gold is a Moderate Buy with an average price target of $2.25.

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VGZ market cap is currently $63.79M and has a P/E ratio of -4.81.

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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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