Vista Gold (TSE:VGZ) Trading 0.6% Higher - Still a Buy?

Key Points

• Vista Gold Corp. (TSE:VGZ) experienced a share price increase of 0.6%, trading at C$3.11 after reaching a high of C$3.14.
• The company's market capitalization stands at C$389.31 million, with a P/E ratio of -44.43, indicating it's currently unprofitable.
• Vista Gold is focused on gold exploration and development, with key projects including the Mt Todd gold project in Australia.

Vista Gold Corp. (TSE:VGZ - NYSEMKT: VGZ's share price traded up 0.6% during mid-day trading on Wednesday . The stock traded as high as C$3.14 and last traded at C$3.11. 138,356 shares changed hands during trading, an increase of 319% from the average session volume of 33,007 shares. The stock had previously closed at C$3.09.

Vista Gold Stock Performance

The firm has a market capitalization of C$389.31 million, a P/E ratio of -44.43 and a beta of 2.87. The firm has a 50 day simple moving average of C$2.30 and a two-hundred day simple moving average of C$1.67.

Vista Gold Company Profile

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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