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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
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: $572.85M 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