Like many major gold producers, such as Barrick Gold, Victoria Gold's first quarter of 2024 was unfortunately somewhat worse than analysts had expected. Despite a weaker first quarter, the outlook remains unchanged. Higher gold grades and stacked ore tonnages are expected to lead to higher gold production, higher earnings, profits and cash flows by the end of 2024. We see the current prices as a good entry opportunity.
Company overview:
Victoria Gold Corp. ► https://www.vitgoldcorp.com/
ISIN: CA92625W5072 , WKN: A2PVRH , FRA: VI9A.F , TSX: VGCX.TO , Valor: 51180022
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