AI Spotlight on VGCX
Company Description
Victoria Gold Corp.acquires, operates, explores, and develops 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.The company was formerly known as Victoria Resource Corporation and changed its name to Victoria Gold Corp.in July 2008.
Victoria Gold Corp.was incorporated in 1981 and is headquartered in Toronto, Canada.
Market Data
Last Price | 0.48 |
Change Percentage | 4.35% |
Open | 0.45 |
Previous Close | 0.46 |
Market Cap ( Millions) | 33 |
Volume | 408014 |
Year High | 8.55 |
Year Low | 0.43 |
M A 50 | 3.09 |
M A 200 | 5.68 |
Financial Ratios
FCF Yield | 154.76% |
Dividend Yield | 0.00% |
ROE | 2.59% |
Debt / Equity | 39.49% |
Net Debt / EBIDTA | 158.58% |
Price To Book | 0.05 |
Price Earnings Ratio | 2.1 |
Price To FCF | 0.65 |
Price To sales | 0.08 |
EV / EBITDA | 1.83 |
News
- Aug -15 - Victoria Gold Announces Appointment of Receiver over Victoria Gold Corp.
- Aug -14 - Canadaβs Yukon Seeks to Place Victoria Gold Into Receivership
- Aug -14 - Victoria Gold Provides Update on Heap Leach Facility Incident
- Jul -30 - Victoria Gold: Update on HLF Incident Management
- Jul -12 - Victoria Gold: Update on Eagle Gold Mine
- Jul -04 - Cyanide Spill Detected Near Victoria Goldβs Eagle Mine in Yukon
- Jul -04 - Victoria Gold Provides Update on Eagle Gold Mine Incident
- Jun -25 - Individual investors account for 54% of Victoria Gold Corp.'s (TSE:VGCX) ownership, while institutions account for 33%
- Jun -24 - Victoria Gold: Eagle Gold Mine Heap Leach Pad Incident
- Jun -24 - Victoria Gold: Sale of Clear Creek Property
- May -22 - Victoria Gold (TSE:VGCX) earnings and shareholder returns have been trending downwards for the last three years, but the stock soars 19% this past week
- May -13 - Victoria Gold: 2024 First Quarter Results
- May -10 - Victoria Gold: New Director & Annual General Meeting Results
- May -04 - We Think Some Shareholders May Hesitate To Increase Victoria Gold Corp.'s (TSE:VGCX) CEO Compensation
- Apr -10 - Victoria Gold: Eagle Gold Mine Q1 2024 Operational Highlights
- Apr -06 - Return Trends At Givaudan (VTX:GIVN) Aren't Appealing
- Mar -13 - Investors in Severfield (LON:SFR) have unfortunately lost 24% over the last three years
- Feb -23 - Victoria Gold Announces Normal Course Issuer Bid
- Feb -21 - Victoria Gold: 2023 Fourth Quarter and Full Year Results
- Jan -15 - Victoria Gold: Eagle Gold Mine Annual and Fourth Quarter 2023 Production Results
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Eagle Mine
Expected Growth : 7 %
What the company do ?
The Eagle Mine, owned by Victoria Gold Corp., is a high-grade gold mine in the Yukon, Canada, producing over 200,000 ounces of gold annually.
Why we expect these perspectives ?
Eagle Mine's 7% growth is driven by increasing gold prices, high-grade ore reserves, and efficient mining operations. Victoria Gold Corp.'s focus on exploration and development of adjacent deposits, such as the Dublin Gulch property, also contributes to growth. Additionally, the mine's low cash costs and high recovery rates enable the company to maintain profitability and invest in further expansion.
Victoria Gold Corp. Products
Product Range | What is it ? |
---|---|
Eagle Gold Mine | A gold mine located in the Yukon, Canada, producing gold dorΓ© bars |
Dublin Gulch Property | A gold property located in the Yukon, Canada, with exploration and development potential |
Olive-Shamrock Zone | A gold deposit located within the Dublin Gulch Property, with potential for open-pit mining |
Nebula Zone | A gold deposit located within the Dublin Gulch Property, with potential for underground mining |
Victoria Gold Corp.'s Porter Forces
Threat Of Substitutes
Victoria Gold Corp. operates in the gold mining industry, which has few substitutes. However, the company's reliance on gold prices and the availability of alternative metals could pose a moderate threat.
Bargaining Power Of Customers
Victoria Gold Corp.'s customers are primarily gold refineries and jewelry manufacturers. The company's large customer base and lack of concentration in the customer base reduce the bargaining power of customers.
Bargaining Power Of Suppliers
Victoria Gold Corp. relies on suppliers for equipment, materials, and services. While the company has some bargaining power due to its size, suppliers may still exert some pressure on prices and delivery terms.
Threat Of New Entrants
Entering the gold mining industry requires significant capital investment and regulatory approvals. The barriers to entry are high, reducing the threat of new entrants.
Intensity Of Rivalry
The gold mining industry is highly competitive, with many established players. Victoria Gold Corp. faces intense competition for resources, customers, and market share.
Capital Structure
Value | |
---|---|
Debt Weight | 28.73% |
Debt Cost | 12.64% |
Equity Weight | 71.27% |
Equity Cost | 12.64% |
WACC | 12.64% |
Leverage | 40.31% |
Victoria Gold Corp. : Quality Control
Victoria Gold Corp. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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OLA.TO | Orla Mining Ltd. acquires, explores for, and develops mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project β¦ |
WDO.TO | Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. It principally produces gold in the form of dorΓ© bars, as well as silver β¦ |
CDE | Coeur Mining, Inc. explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It holds 100% interests in β¦ |
NGD.TO | New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal β¦ |
ORE.TO | Orezone Gold Corporation engages in the exploration and development of gold properties. Its flagship property is the 90%-owned BomborΓ© gold project comprising a block of contiguous permits covering an area β¦ |