Victoria Gold (TSE:VGCX) Shares Down 7.4%

Shares of Victoria Gold Corp. (TSE:VGCX) dropped 7.4% during mid-day trading on Friday . The stock traded as low as C$0.88 and last traded at C$0.88. Approximately 132,840 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 510,598 shares. The stock had previously closed at C$0.95.

Analyst Ratings Changes

VGCX has been the topic of several research reports. BMO Capital Markets cut shares of Victoria Gold from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 25th. Ventum Financial lifted their price target on shares of Victoria Gold from C$13.00 to C$14.00 in a research note on Tuesday, May 28th. HC Wainwright raised their target price on shares of Victoria Gold from C$18.00 to C$19.00 in a research report on Thursday, May 16th. Desjardins lowered Victoria Gold from a “buy” rating to a “sell” rating and lowered their price target for the company from C$15.75 to C$6.75 in a report on Wednesday, June 26th. Finally, CIBC downgraded Victoria Gold from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from C$10.00 to C$4.00 in a report on Tuesday, June 25th.

Victoria Gold Stock Down 9.5 %

The company has a debt-to-equity ratio of 40.04, a current ratio of 2.15 and a quick ratio of 0.34. The business’s fifty day moving average price is C$6.47 and its two-hundred day moving average price is C$6.47. The stock has a market capitalization of C$58.25 million, a PE ratio of 3.70 and a beta of 1.76.

Victoria Gold Company Profile

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.