Vista Gold Corp. (NYSEAMERICAN:VGZ) (TSE:VGZ) CFO John F. Engele sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $0.70, for a total value of $14,000.00. Following the transaction, the chief financial officer now directly owns 423,829 shares in the company, valued at approximately $296,680.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of VGZ traded down $0.01 during mid-day trading on Friday, hitting $0.76. 169,633 shares of the company’s stock were exchanged, compared to its average volume of 144,995. Vista Gold Corp. has a fifty-two week low of $0.37 and a fifty-two week high of $0.92.
Vista Gold (NYSEAMERICAN:VGZ) (TSE:VGZ) last announced its earnings results on Tuesday, May 7th. The basic materials company reported ($0.03) earnings per share for the quarter, hitting the consensus estimate of ($0.03).
Several institutional investors and hedge funds have recently made changes to their positions in VGZ. Cypress Capital Management LLC WY lifted its position in Vista Gold by 6,077.9% in the first quarter. Cypress Capital Management LLC WY now owns 185,338 shares of the basic materials company’s stock valued at $126,000 after purchasing an additional 182,338 shares during the period. Essex Investment Management Co. LLC acquired a new stake in Vista Gold in the fourth quarter valued at about $147,000. Finally, Global Strategic Management Inc. acquired a new stake in Vista Gold in the fourth quarter valued at about $4,166,000.
About Vista Gold
Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and development projects primarily in Australia. Its flagship asset is its 100% owned Mt Todd gold project located in Northern Territory. The company was founded in 1983 and is headquartered in Littleton, Colorado.
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