Vista Gold (TSE:VGZ) Stock Price Down 2.3% – Here’s Why

Vista Gold Corp. (TSE:VGZ – Get Free Report) (NYSEMKT:VGZ)’s stock price fell 2.3% during mid-day trading on Tuesday. The stock traded as low as C$3.38 and last traded at C$3.40. Approximately 147,855 shares were traded during mid-day trading, an increase of 32% from the average session volume of 111,696 shares. The stock had previously closed at C$3.48.

Vista Gold Stock Down 2.3%

The company has a market cap of C$496.30 million, a PE ratio of -56.67 and a beta of 3.51. The business’s 50 day moving average price is C$3.52 and its 200-day moving average price is C$3.16.

Vista Gold Company Profile

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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.

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