Victoria Gold (TSE:VGCX) Shares Up 12.2%

Victoria Gold Corp. (TSE:VGCX)’s share price traded up 12.2% on Friday . The stock traded as high as C$0.96 and last traded at C$0.92. 414,034 shares were traded during mid-day trading, a decline of 27% from the average session volume of 569,021 shares. The stock had previously closed at C$0.82.

Analysts Set New Price Targets

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

Victoria Gold Price Performance

The stock’s 50-day moving average is C$5.84 and its 200 day moving average is C$6.26. The stock has a market capitalization of C$61.63 million, a PE ratio of 4.00 and a beta of 1.76. The company has a quick ratio of 0.34, a current ratio of 2.15 and a debt-to-equity ratio of 40.04.

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.