Vista Gold Corp. (:VGZ) and MagneGas Corporation (NASDAQ:MNGA) Experiencing Unusual Activity Mid-day

Shares of Vista Gold Corp. (:VGZ) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $0.74 at the time of writing.  The day’s total volume of 602630 this morning is in contrast from the three-month daily average of 165.23K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.28.

Why is this important?

Trading volume is a hugely important consideration for any investor.  By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock. 

Looking Back

Vista Gold Corp. (:VGZ)‘s market cap, the total dollar value of all of their outstanding shares, is 81.90m.  Including today’s unusual volume, Vista Gold Corp.‘s stock is performing at -15.26% on the year.  For the week, the stock is performing -1.27%.  Over the past month the firm’s stock is -3.80%, -15.71% for the last quarter, -20.59% for the past six-months and -34.15% for the last year.

Current levels places Vista Gold Corp. (:VGZ)’s stock about -23.73% from the 50-day high and -7.53% away from the 50-day low.  

MagneGas Corporation (NASDAQ:MNGA) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $0.55.  The day’s total volume of 699331 this morning is in contrast from the three-month daily average of 266.53K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.08.

Looking Back

MagneGas Corporation (NASDAQ:MNGA)‘s market cap, the total dollar value of all of their outstanding shares, is 3.80m.  Including today’s unusual volume, MagneGas Corporation‘s stock is performing at -87.31% on the year.  For the week, the stock is performing -4.00%.  Over the past month the firm’s stock is -52.00%, -80.47% for the last quarter, -87.77% for the past six-months and -91.14% for the last year.

Current levels places MagneGas Corporation (NASDAQ:MNGA)’s stock about -75.52% from the 50-day high and 8.92% away from the 50-day low.  

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