Aug 22, 2011 (SmarTrend(R) News Watch via COMTEX) — Shares of Vista Gold (AMEX:VGZ) are trading up 4.5% to $3.28 today on above average volume. Approximately 608,000 shares have traded hands today vs. average 30-day volume of 489,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of VGZ to see if this bullish momentum will continue.
Vista Gold Corp. is an international gold mining based in Littleton, Colorado. The Company has mining projects in Mexico, Australia, United States and Indonesia.
In the last five trading sessions, the 50-day MA has climbed 0.98% while the 200-day MA has risen 0.32%.
In the past 52 weeks, shares of Vista Gold have traded between a low of $1.50 and a high of $4.28 and are now at $3.22, which is 115% above that low price.
