Victoria Gold (TSE:VGCX) Trading 20.7% Higher

Victoria Gold Corp. (TSE:VGCXGet Free Report) shot up 20.7% during mid-day trading on Thursday . The company traded as high as C$1.13 and last traded at C$1.05. 971,038 shares traded hands during trading, an increase of 96% from the average session volume of 496,495 shares. The stock had previously closed at C$0.87.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Report on Victoria Gold

Victoria Gold Trading Down 14.7 %

The company has a market capitalization of C$54.86 million, a price-to-earnings ratio of 3.52 and a beta of 1.76. The business’s 50 day simple moving average is C$6.34 and its 200 day simple moving average is C$6.43. 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

(Get Free Report)

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.

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