VGZ Stock Summary and Trading Ideas (Vista Gold | AMEX:VGZ)

Vista Gold Corp is a gold mining company. It is engaged in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects. The company evaluate, acquire, explore and advance gold exploration and potential development projects, which may lead to gold production or value adding strategic transactions. These activities are currently focused principally in Australia.

Vista Gold trades on the AMEX stock market under the symbol VGZ.

As of April 18, 2024, VGZ stock price was flat at $0.55 with 102,286 million shares trading.

VGZ has a beta of 0.46, meaning it tends to be less sensitive to market movements. VGZ has a correlation of 0.01 to the broad based SPY ETF.

VGZ has a market cap of $66.84 million. This is considered a Micro Cap stock.

In the last 3 years, VGZ stock traded as high as $1.40 and as low as $.30.

VGZ has underperformed the market in the last year with a price return of -11.0% while the SPY ETF gained +22.3%. However, in the short term, VGZ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +39.2% vs +6.1% return in SPY. But in the last 2 weeks, VGZ shares have been beat by the market, returning -8.2% compared to an SPY return of -3.8%.

VGZ support price is $.52 and resistance is $.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VGZ stock will trade within this expected range on the day.