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 May 16, 2024, VGZ stock price was flat at $0.54 with 106,008 million shares trading.

VGZ has a beta of 0.61, 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 $66.11 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 stock has underperformed the market in the last year with a return of -15.5%, while SPY returned +29.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in VGZ shares. However, VGZ has outperformed the market in the last 3 month and 2 week periods, returning +55.4% and +8.7%, while SPY returned +5.6% and +5.7%, respectively. This indicates VGZ has been having a stronger performance recently.

VGZ support price is $.52 and resistance is $.57 (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.