Victoria Gold (TSE:VGCX) Shares Down 9.7%

Victoria Gold Corp. (TSE:VGCX - Get Free Report) shares were down 9.7% during mid-day trading on Wednesday . The company traded as low as C$6.89 and last traded at C$6.90. Approximately 294,908 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 278,310 shares. The stock had previously closed at C$7.64.

Wall Street Analysts Forecast Growth

Several research firms have commented on VGCX. Pi Financial dropped their price objective on shares of Victoria Gold from C$16.00 to C$14.00 in a research note on Wednesday, March 6th. HC Wainwright dropped their price target on shares of Victoria Gold from C$24.00 to C$12.00 in a research note on Thursday, February 22nd.

Victoria Gold Price Performance

The stock's 50 day simple moving average is C$6.30 and its 200 day simple moving average is C$6.28. The company has a debt-to-equity ratio of 40.66, a quick ratio of 0.34 and a current ratio of 2.29. The firm has a market capitalization of C$457.73 million, a P/E ratio of 18.03 and a beta of 1.72.

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