Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 80 Richmond Street West, Suite 204 TORONTO ON M5H 2A4 |
Tel: | N/A |
Website: | https://vgcx.com |
IR: | See website |
Key People | ||
John Roland Mcconnell President, Chief Executive Officer, Director | Marty Rendall Chief Financial Officer | Mark Ayranto Chief Operating Officer |
Paul D. Gray Vice President - Exploration | Adam Melnyk Vice President - Business Development | David Kenneth Rouleau Vice President - Mine Optimization and Strategic Planning |
Business Overview |
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. |
Financial Overview |
For the fiscal year ended 31 December 2023, Victoria Gold Corp revenues increased 30% to C$416.9M. Net income decreased 31% to C$25.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Unrealized and realized gain (loss) on d decrease from C$13M (income) to C$7.5M (expense), Interest on debt facilities increase of 84% to C$21.3M (expense). |
Employees: | 464 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $653.35M as of Dec 31, 2023 |
Annual revenue (TTM): | $416.90M as of Dec 31, 2023 |
EBITDA (TTM): | $144.00M as of Dec 31, 2023 |
Net annual income (TTM): | $25.14M as of Dec 31, 2023 |
Free cash flow (TTM): | $25.49M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $212.90M as of Dec 31, 2023 |
Shares outstanding: | 66,534,350 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |