Vista Gold (TSE:VGZ) Stock Price Down 9.7% – Time to Sell?

Vista Gold Corp. (TSE:VGZ) (NYSEMKT:VGZ)’s stock price dropped 9.7% during trading on Thursday . The stock traded as low as C$2.87 and last traded at C$2.89. Approximately 101,588 shares were traded during trading, a decline of 34% from the average daily volume of 154,744 shares. The stock had previously closed at C$3.20.

Vista Gold Price Performance

The company has a market capitalization of C$354.35 million, a P/E ratio of -39.86 and a beta of 3.11. The company has a 50 day moving average of C$3.41 and a 200-day moving average of C$2.88.

Vista Gold Company Profile

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.