Victoria Gold (TSE:VGCX) Trading 4.3% Higher – Should You Buy?

Victoria Gold Corp. (TSE:VGCX) shares were up 4.3% during trading on Tuesday . The stock traded as high as C$0.49 and last traded at C$0.48. Approximately 408,484 shares changed hands during trading, a decline of 35% from the average daily volume of 628,392 shares. The stock had previously closed at C$0.46.

Analysts Set New Price Targets

Separately, Desjardins cut shares of Victoria Gold from a “buy” rating to a “sell” rating and reduced their target price for the stock from C$15.75 to C$6.75 in a report on Wednesday, June 26th.

Victoria Gold Stock Performance

The stock has a market cap of C$32.51 million, a price-to-earnings ratio of 2.09 and a beta of 1.74. The company has a quick ratio of 0.34, a current ratio of 2.15 and a debt-to-equity ratio of 40.04. The business’s 50 day simple moving average is C$0.50 and its 200 day simple moving average is C$3.91.

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.