H.C. Wainwright lowered the firm’s price target on Vista Gold (VGZ) to $4.50 from $5 and keeps a Buy rating on the shares. The firm cites dilution stemming from the equity raise for the target cut.
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Read More on VGZ:
- Vista Gold Posts 2025 Loss but Fortifies Balance Sheet as Mt Todd Nears Design Phase
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- Vista Gold announces closing of $44.85M public offering
- Vista Gold options imply 9.8% move in share price post-earnings
