Victoria Gold Corp VITFF

Metals & Mining Gold

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers and is the site of the Company's Eagle and Olive Gold Deposits. It also holds a suite of other development and exploration properties in the Yukon, including Brewery Creek, Clear Creek, Gold Dome and Grew Creek. The Eagle West target area lies as close as 500 meters northwest of the main Eagle Gold Deposit and hosts the exposures of the granodiorite. The Raven target is located at the contact zone at the extreme southeastern portion of the Nugget Stock. The Brewery Creek Project is a past producing heap leach gold mining operation.

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Victoria Gold Corp > Desjardins buying explained

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Post by kegmanon Jul 18, 2023 8:55am

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Post# 35545644

Desjardins buying explained

* Following a visit to its Eagle mine in the Yukon, Desjardins Securities’ John Sclodnick raised his target for Victoria Gold Corp. (

VGCX-T

-1.21%

) to $16.50 from $16 with a “buy” rating. The average is $16.25.

“Overall, our confidence in the operational turnaround increased, supported by improved production results over the first two quarters of 2023,” he said. “We see potential for the company to hit the higher end of its production guidance range of 160180koz. We have also updated our model to factor in the 2Q production results announced on July 5, which led to the slight increase in our target price.”

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