Vista Gold (TSE:VGZ) Hits New 52-Week High - Time to Buy?

Key Points

• Vista Gold Corp. shares reached a new 52-week high of C$1.96, closing at C$1.95 on a trading volume of 13,174 shares.
• The company has a market capitalization of C$241.60 million and a PE ratio of -27.57, indicating an initial phase of investment or growth.
• Vista Gold is focused on gold mining and development projects, notably the Mt Todd gold project located in Australia.

Shares of Vista Gold Corp. (TSE:VGZ - NYSEMKT: VGZ hit a new 52-week high on Monday . The stock traded as high as C$1.96 and last traded at C$1.95, with a volume of 13174 shares trading hands. The stock had previously closed at C$1.90.

Vista Gold Trading Up 1.6%

The firm has a 50 day simple moving average of C$1.47 and a two-hundred day simple moving average of C$1.33. The company has a market capitalization of C$241.60 million, a PE ratio of -27.57 and a beta of 2.32.

About Vista Gold

Vista Gold Corp is a gold mining company. It is engaged in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects. The company's project includes the Mt Todd gold project and Guadalupe de los Reyes gold or silver project. Its flagship project, Mt Todd gold project is located approximately 56 kilometers by road northwest of Katherine, Australia and approximately 290 kilometers southeast of Darwin.

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