Victoria Gold (TSE:VGCX) Shares Up 12.2%

Shares of Victoria Gold Corp. (TSE:VGCX) shot up 12.2% during trading 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.

Analyst Upgrades and Downgrades

Several research firms have recently commented on VGCX. BMO Capital Markets lowered shares of Victoria Gold from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 25th. Ventum Financial increased their price target on shares of Victoria Gold from C$13.00 to C$14.00 in a research report on Tuesday, May 28th. Desjardins lowered shares of 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 research report on Wednesday, June 26th. CIBC lowered shares of Victoria Gold from a “neutral” rating to an “underperform” rating and lowered their price target for the company from C$10.00 to C$4.00 in a research report on Tuesday, June 25th. Finally, HC Wainwright upped their price objective on shares of Victoria Gold from C$18.00 to C$19.00 in a research note on Thursday, May 16th.

Victoria Gold Stock Performance

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

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.