Analyzing Stock On Your Own: Vista Gold Corp (AMEX: VGZ)

Vista Gold Corp (AMEX:VGZ) does about 719.33K shares in volume on a normal day but saw 320658 shares change hands in the recent trading day. The company now has a market cap of 154.91M USD. Its current market price is $1.24, marking an increase of 1.72% compared to the previous close of $1.22. The 52 week high reached by this stock is $1.25 whilst the lowest price level in 52 weeks is $0.46.

Vista Gold Corp (VGZ) has a 20-day trading average at $1.0065 and the current price is -0.72% off the 52-week high compared with 171.38% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8710 and its 200-day simple moving average is $0.6894. If we look at the stock’s price movements over the week, volatility stands at 8.49%, which decreases to 8.23% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 73.87 to suggest the stock is overbought.

The consensus objective for the share price is $2.75, suggesting that the stock has a potential upside of 54.91% over the period.

FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 27, 2020 when ROTH Capital resumed the stock to “Buy” and issued a price target of $2.30. H.C. Wainwright initiated its price target at $1.25.

The current price level is 23.35%, 42.51%, and 80.02% away from its SMA20, SMA50, and SMA200 respectively, with the VGZ price moving below the 50-day SMA on current market day. Vista Gold Corp (VGZ) stock is up 33.05% over the week and 30.74% over the past month. Its price is 122.40% year-to-date and 128.80% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and -0.06 for whole year.

To reach the target analysts have set, the stock logically needs to grow 54.91 percent from here.

Outstanding shares total 124.56M with insiders holding 2.81% of the shares and institutional holders owning 27.81% of the company’s common stock. The company has a return on investment of 61.70% and return on equity of 97.51%. The price to earnings ratio (P/E ratio) amounts to 16.37. The beta has a value of 1.12. Price to book ratio is 9.92.