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Victoria Gold Corp. (T:VGCX)

Business Focus: Gold Mining

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
William Heath
Vice President - Human Resources
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 three months ended 31 March 2024, Victoria Gold Corp revenues decreased 14% to C$83M. Net loss totaled C$9M vs. income of C$983K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Eagle Mine segment income decrease of 57% to C$9M. Basic Earnings per Share excluding Extraordinary Items decreased from C$0.02 to -C$0.13.
Employees: 464 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $258.26M as of Mar 31, 2024
Annual revenue (TTM): $403.34M as of Mar 31, 2024
EBITDA (TTM): $132.10M as of Mar 31, 2024
Net annual income (TTM): $15.19M as of Mar 31, 2024
Free cash flow (TTM): $53.87M as of Mar 31, 2024
Net Debt Last Fiscal Year: $196.44M as of Mar 31, 2024
Shares outstanding: 67,710,850 as of Apr 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization