Victoria Gold (TSE:VGCX) Trading Down 2%

Victoria Gold Corp. (TSE:VGCX)’s stock price was down 2% on Friday . The stock traded as low as C$6.03 and last traded at C$6.03. Approximately 224,489 shares changed hands during trading, a decline of 41% from the average daily volume of 378,082 shares. The stock had previously closed at C$6.15.

Analyst Ratings Changes

A number of brokerages have recently commented on VGCX. Cormark reduced their target price on shares of Victoria Gold from C$19.00 to C$17.50 in a research report on Friday, August 11th. HC Wainwright raised their target price on shares of Victoria Gold from C$20.00 to C$24.00 in a research note on Friday, August 11th. Pi Financial decreased their price target on shares of Victoria Gold from C$17.50 to C$16.00 and set a “buy” rating for the company in a report on Thursday, October 26th. Finally, CIBC decreased their price target on shares of Victoria Gold from C$10.50 to C$10.00 and set a “neutral” rating for the company in a report on Thursday, October 5th.

Victoria Gold Price Performance

The stock has a market capitalization of C$401.18 million, a price-to-earnings ratio of 12.06 and a beta of 1.79. The company has a debt-to-equity ratio of 43.38, a current ratio of 2.12 and a quick ratio of 0.34. The stock has a 50 day moving average price of C$5.98 and a 200-day moving average price of C$7.40.

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-Shamrock Gold deposit covering an area of approximately 555 square kilometers located in central Yukon, Canada.