Victoria Gold Corp T.VGCX

Alternate Symbol(s): VITFF

Metals & Mining Gold

Victoria Gold Corp. is a Canada-based gold mining company. The Company is engaged in the operation, exploration and acquisition of mineral properties. Its flagship asset is its 100% owned Dublin Gulch property, which includes the Eagle Gold Deposit, the Olive Deposit, Raven Gold Deposit, the Wolf Tungsten Deposit, the Potato Hills Trend, including the Nugget, Lynx, Popeye, Rex-Peso, East Potato Hills, Eagle West, Falcon, as well as other targets. The Dublin Gulch Project is situated in central Yukon, Canada, approximately 375 kilometers north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers, is accessible by road year-round and is powered by the Yukon energy grid. The Eagle and Olive deposits include probable reserves of approximately 3.3 million ounces of gold from 155 million tons of ore with a grade of 0.65 grams of gold per ton. It also holds Brewery Creek property, as well as the Gold Dome and Grew Creek exploration properties.

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Victoria Gold Corp

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Post by invest234on Feb 07, 2019 11:49am

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Post# 29332580

forward p/e

some places like yahoo finance gives vit a forward p/e of 2.27.
with a market cap close to $400M, to get a p/e of 2 would require earnings close to $200M. how is that possible?
at 200k oz, that is earning of $1000 per oz, implying way under $300 aisc after taxes on that $1000 with gold at $1300.
vit aisc is not under $300. am i missing something?

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