Zacks: Vista Gold Corporation (NASDAQ:VGZ) Receives Consensus Recommendation of “Strong Buy” from Analysts

Shares of Vista Gold Corporation (NASDAQ:VGZ) have received an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.

Analysts have set a 12-month consensus target price of $1.95 for the company and are expecting that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Vista Gold an industry rank of 104 out of 256 based on the ratings given to its competitors.

NASDAQ VGZ traded down $0.01 on Friday, hitting $0.76. 132,675 shares of the stock traded hands, compared to its average volume of 147,950. The stock’s fifty day simple moving average is $0.65. Vista Gold has a 12 month low of $0.37 and a 12 month high of $0.92.

Vista Gold (NASDAQ:VGZ) last posted its quarterly earnings results on Tuesday, May 7th. The company reported ($0.03) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.03).

About Vista Gold

Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects primarily in Australia. Its flagship asset is its 100% owned Mt Todd gold project located in Northern Territory. The company was founded in 1983 and is based in Littleton, Colorado.

Recommended Story: The benefits and drawbacks of dollar cost averaging

Get a free copy of the Zacks research report on Vista Gold (VGZ)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Vista Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vista Gold and related companies with MarketBeat.com's FREE daily email newsletter.