Victoria Gold (TSE:VGC) Lowered to Strong Sell at Desjardins

Desjardins downgraded shares of Victoria Gold (TSE:VGC) from a moderate buy rating to a strong sell rating in a research note released on Tuesday, Zacks.com reports.

Several other research firms have also recently issued reports on VGC. BMO Capital Markets cut shares of Victoria Gold from a strong-buy rating to a hold rating in a research note on Tuesday. Pi Financial restated a buy rating on shares of Victoria Gold in a research note on Wednesday, March 6th.

Victoria Gold Stock Performance

Victoria Gold (TSE:VGC) last announced its quarterly earnings results on Monday, May 13th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). The company had revenue of C$82.98 million for the quarter, compared to the consensus estimate of C$99.80 million.