Checkout Taylor Dart's rec on Seeking Alpha - VITFF Summary
Victoria Gold had a tough Q1 with production coming in below planned levels, made worse by the fact that this is already the seasonally weakest part of the year. However, I remain confident that Victoria can deliver into its guidance of 165,000 to 185,000 ounces (albeit the midpoint could be tough to hit), and while the stock isn't cheap on 2024 numbers, its free cash flow multiple drops from ~12 to ~4 with a much stronger year on deck in 2025. So, for investors looking to bet on a Tier-1 jurisdiction turnaround story with a very reasonable valuation, suggesting any sharp pullbacks from here should present a buying opportunity.