Vista Gold Corp. (VGZ) Shares Plummet Below 1-Year High

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Vista Gold Corp. (AMEX: VGZ) has seen a decline in its stock price by -4.95 in relation to its previous close of 0.70. However, the company has experienced a -10.98% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-10-23 that DENVER–(BUSINESS WIRE)–Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced its unaudited financial results for the quarter ended September 30, 2024, with cash totaling $19.0 million at quarter-end. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and CEO of Vista, said, “During the third quarter, we continued to successfully execute our corporate strategy and demonstrated significant progress toward achieving ou.

Is It Worth Investing in Vista Gold Corp. (AMEX: VGZ) Right Now?

Vista Gold Corp. (AMEX: VGZ) has a price-to-earnings ratio of 7.36x that is above its average ratio. Additionally, the 36-month beta value for VGZ is 1.72. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for VGZ is 118.30M and currently, short sellers hold a 0.15% ratio of that float. The average trading volume of VGZ on October 24, 2024 was 420.01K shares.

VGZ’s Market Performance

The stock of Vista Gold Corp. (VGZ) has seen a -10.98% decrease in the past week, with a -8.75% drop in the past month, and a 22.49% gain in the past quarter. The volatility ratio for the week is 6.27%, and the volatility levels for the past 30 days are at 6.09% for VGZ. The simple moving average for the last 20 days is -11.13% for VGZ stock, with a simple moving average of 25.53% for the last 200 days.

Analysts’ Opinion of VGZ

Many brokerage firms have already submitted their reports for VGZ stocks, with ROTH Capital repeating the rating for VGZ by listing it as a “Buy.” The predicted price for VGZ in the upcoming period, according to ROTH Capital is $2.30 based on the research report published on October 27, 2020 of the previous year 2020.

H.C. Wainwright, on the other hand, stated in their research note that they expect to see VGZ reach a price target of $0.50. The rating they have provided for VGZ stocks is “Buy” according to the report published on June 29th, 2015.

H.C. Wainwright gave a rating of “Buy” to VGZ, setting the target price at $1.25 in the report published on June 19th of the previous year.

VGZ Trading at -2.90% from the 50-Day Moving Average

After a stumble in the market that brought VGZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.84% of loss for the given period.

Volatility was left at 6.09%, however, over the last 30 days, the volatility rate increased by 6.27%, as shares sank -14.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.53% upper at present.

During the last 5 trading sessions, VGZ fell by -11.05%, which changed the moving average for the period of 200-days by +69.85% in comparison to the 20-day moving average, which settled at $0.7459. In addition, Vista Gold Corp. saw 46.69% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at VGZ starting from Tobler Douglas L., who purchase 3,500 shares at the price of $0.48 back on Mar 21 ’24. After this action, Tobler Douglas L. now owns 341,902 shares of Vista Gold Corp., valued at $1,690 using the latest closing price.

Stevenson Tracy Austin, the Director of Vista Gold Corp., purchase 20,000 shares at $0.37 during a trade that took place back on Jan 11 ’24, which means that Stevenson Tracy Austin is holding 453,199 shares at $7,324 based on the most recent closing price.

Stock Fundamentals for VGZ

Current profitability levels for the company are sitting at:

  • 212.93 for the present operating margin
  • 0.4 for the gross margin

The net margin for Vista Gold Corp. stands at 187.75. The total capital return value is set at 0.67. Equity return is now at value 88.35, with 81.67 for asset returns.

Currently, EBITDA for the company is 6724.0 with net debt to EBITDA at 0.84. When we switch over and look at the enterprise to sales, we see a ratio of 1058.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 17.76.

Conclusion

In conclusion, Vista Gold Corp. (VGZ) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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