Vista Gold (TSE:VGZ) Shares Down 2.9% – What’s Next?

Vista Gold Corp. (TSE:VGZ – Get Free Report) (NYSEMKT:VGZ) was down 2.9% during mid-day trading on Tuesday. The company traded as low as C$3.65 and last traded at C$3.69. 162,166 shares were traded during trading, an increase of 59% from the average daily volume of 102,205 shares. The stock had previously closed at C$3.80.

Vista Gold Stock Performance

The company has a 50-day moving average of C$3.38 and a 200-day moving average of C$3.04. The stock has a market cap of C$560.53 million, a price-to-earnings ratio of -64.00 and a beta of 3.51.

Vista Gold Company Profile

(Get Free Report)

Vista holds the Mt Todd gold project, a leading development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia. The Company has defined a clear pathway to greater value creation, targeting the commencement of detailed engineering and design by early 2027. This milestone is expected to initiate a 27-month design, construction, and commissioning process. Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside.

Further Reading

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