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H.C. Wainwright Thinks Vista Gold’s Stock is Going to Recover

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In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Vista Gold (VGZResearch Report), with a price target of $3.00. The company’s shares closed last Thursday at $0.76, close to its 52-week low of $0.67.

According to TipRanks.com, Ihle is a 5-star analyst with an average return of 34.6% and a 54.2% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Americas Gold and Silver.

Vista Gold has an analyst consensus of Moderate Buy, with a price target consensus of $3.00.

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The company has a one-year high of $1.40 and a one-year low of $0.67. Currently, Vista Gold has an average volume of 305.3K.

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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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