Victoria Gold (TSE:VGCX) Trading Down 4.7%

Shares of Victoria Gold Corp. (TSE:VGCX) were down 4.7% during mid-day trading on Thursday . The stock traded as low as C$1.18 and last traded at C$1.22. Approximately 317,327 shares changed hands during trading, a decline of 22% from the average daily volume of 408,486 shares. The stock had previously closed at C$1.28.

Analysts Set New Price Targets

VGCX has been the subject of several research analyst reports. BMO Capital Markets lowered Victoria Gold from an “outperform” rating to a “market perform” rating in a report on Tuesday. HC Wainwright upped their price target on shares of Victoria Gold from C$18.00 to C$19.00 in a report on Thursday, May 16th. Desjardins downgraded shares of Victoria Gold from a “buy” rating to a “sell” rating and dropped their target price for the stock from C$15.75 to C$6.75 in a report on Wednesday. Ventum Financial raised their target price on shares of Victoria Gold from C$13.00 to C$14.00 in a report on Tuesday, May 28th. Finally, Pi Financial dropped their price target on Victoria Gold from C$16.00 to C$14.00 in a report on Wednesday, March 6th.

Victoria Gold Stock Performance

The firm’s fifty day simple moving average is C$6.95 and its 200 day simple moving average is C$6.63. The company has a market capitalization of C$71.79 million, a price-to-earnings ratio of 4.61 and a beta of 1.76. The company has a debt-to-equity ratio of 40.04, a current ratio of 2.15 and a quick ratio of 0.34.

About Victoria Gold

Victoria Gold Corp. acquires, explores, and operates mineral properties in Canada and the United States. The company primarily explores for gold deposits. Its flagship property is 100% owned Dublin Gulch property, which hosts the Eagle and Olive Gold deposit covering an area of approximately 555 square kilometers located in central Yukon, Canada.