Vista Gold (TSE:VGZ) Stock Price Down 3.1% - Here's Why

Key Points

• Vista Gold Corp.'s stock price fell by 3.1% to C$1.86 during mid-day trading, with approximately 45,965 shares traded, a significant increase in volume compared to its average.
• The company has a market capitalization of C$232.84 million and a price-to-earnings ratio of -26.57, indicating it is currently operating at a loss.
• Vista Gold is primarily focused on gold mining and development projects, with its flagship Mt Todd gold project located in Australia.

Vista Gold Corp. (TSE:VGZ - NYSEMKT: VGZ's stock price dropped 3.1% during mid-day trading on Wednesday . The stock traded as low as C$1.85 and last traded at C$1.86. Approximately 45,965 shares changed hands during trading, an increase of 106% from the average daily volume of 22,307 shares. The stock had previously closed at C$1.92.

Vista Gold Price Performance

The company has a market capitalization of C$232.84 million, a price-to-earnings ratio of -26.57 and a beta of 2.18. The firm's fifty day moving average price is C$1.45 and its 200-day moving average price is C$1.31.

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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