HC Wainwright set a $3.00 target price on Vista Gold (NYSEAMERICAN:VGZ) (TSE:VGZ) in a research note issued to investors on Monday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

Shares of Vista Gold (NYSEAMERICAN:VGZ) opened at $0.85 on Monday. Vista Gold has a twelve month low of $0.60 and a twelve month high of $1.21. The stock has a market capitalization of $74.80, a PE ratio of -8.30 and a beta of -1.61.

In other news, Director Tracy Austin Stevenson bought 50,000 shares of Vista Gold stock in a transaction dated Monday, November 27th. The shares were purchased at an average cost of $0.72 per share, with a total value of $36,000.00. Following the completion of the acquisition, the director now owns 235,398 shares of the company’s stock, valued at approximately $169,486.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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About Vista Gold

Vista Gold Corp. is engaged in the gold mining industry. The Company focuses on the evaluation, acquisition, exploration and advancement of gold exploration. The Company operates in the segment of evaluation, acquisition and exploration activities, which focus principally in Australia. The Company’s principal asset is its Mt Todd gold project in Northern Territory, Australia.

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