Global Hunter Securities Starts Vista Gold Corp (VGZ) at Buy; Mt. Todd is on Track for Permitting by Year-end 2012
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Price: $2.49 +2.89%
Rating Summary:
3 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
3 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Global Hunter Securities initiates coverage on Vista Gold Corp (NYSE: VGZ) with a Buy. PT $6.75.
Global analyst said, "Vista Gold is a late-stage development natural resource company with a primary development project, Mt. Todd, in the Northern Territory of Australia. In addition, the company controls multiple late-stage exploration projects around the world, including Concordia in Baja Mexico, Awak Mas in Indonesia, and Guadalupe de los Reyes in Mexico. Vista Gold also holds an approximate 30% interest in Midas Gold (TSX: MAX). In our opinion, Vista Gold will make significant progress towards production in 2012 by securing permits for Mt. Todd and positioning for construction in 2013.
For an analyst ratings summary and ratings history on Vista Gold Corp click here. For more ratings news on Vista Gold Corp click here.
Shares of Vista Gold Corp closed at $3.61 yesterday.
Global analyst said, "Vista Gold is a late-stage development natural resource company with a primary development project, Mt. Todd, in the Northern Territory of Australia. In addition, the company controls multiple late-stage exploration projects around the world, including Concordia in Baja Mexico, Awak Mas in Indonesia, and Guadalupe de los Reyes in Mexico. Vista Gold also holds an approximate 30% interest in Midas Gold (TSX: MAX). In our opinion, Vista Gold will make significant progress towards production in 2012 by securing permits for Mt. Todd and positioning for construction in 2013.
For an analyst ratings summary and ratings history on Vista Gold Corp click here. For more ratings news on Vista Gold Corp click here.
Shares of Vista Gold Corp closed at $3.61 yesterday.
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