Vista Gold (TSE:VGZ) Stock Price Down 2.9% – Here’s Why

Vista Gold Corp. (TSE:VGZ – Get Free Report) (NYSEMKT:VGZ)’s stock price traded 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 mid-day trading, an increase of 59% from the average session volume of 102,205 shares. The stock had previously closed at C$3.80.

Vista Gold Trading Down 2.9%

The firm has a market capitalization of C$538.63 million, a price-to-earnings ratio of -61.50 and a beta of 3.51. The firm has a fifty day moving average price of C$3.36 and a 200 day moving average price of C$3.03.

About Vista Gold

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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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