Calls Purchased on Vista Gold (VGZ)

Shares of Vista Gold Corp. VGZ are higher on the session by 16.24%, currently trading at $2.22. The stock has been moving largely lower over the past four months, but has skyrocketed as of late, off of a low of $1.33 just a few days ago. Options traders continue to buy calls on the name. The December $2.50 call was purchased 2,400 times, on the offer, a short while ago; open interest on the strike is 1,579. This indicated new positioning on the strike. Call volume is now running at 22.73x the daily average. Vista Gold Corp. is engaged in the evaluation, acquisition, exploration and advancement of gold exploration and development projects. The company's holdings include the Paredones Amarillos project in Mexico; the Mt. Todd gold mine in Australia; the Guadalupe de los Reyes project in Mexico; the Yellow Pine project in Idaho; the Awak Mas project in Indonesia; the Long Valley project in California, and mining claims in Utah.