Vista Gold (TSE:VGZ) Shares Up 30% - Here's What Happened

Key Points

• Vista Gold Corp shares surged 30% during trading, reaching a high of C$3.41 before closing at C$3.29, compared to a previous close of C$2.53.
• Trading volume increased significantly, with approximately 105,847 shares exchanged, reflecting a 365% rise from the average daily volume of 22,742 shares.
• The company's market capitalization stands at C$376.79 million, with a P/E ratio of -43.00 and key projects including the Mt Todd gold project in Australia.

Vista Gold Corp. (TSE:VGZ - NYSEMKT: VGZ rose 30% during trading on Monday . The stock traded as high as C$3.41 and last traded at C$3.29. Approximately 105,847 shares traded hands during mid-day trading, an increase of 365% from the average daily volume of 22,742 shares. The stock had previously closed at C$2.53.

Vista Gold Trading Up 19.0%

The stock has a market cap of C$376.79 million, a P/E ratio of -43.00 and a beta of 2.32. The firm's 50-day simple moving average is C$1.55 and its 200 day simple moving average is C$1.37.

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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