Why Invest In Victoria Gold
Commercial Production achieved
- H2 Guidance: 72,000 – 77,000 ounces Au;
- All key equipment working well;
- Focused on early debt repayment;
- Share price rerate as we move to full production;
- 210,000 oz/year* with high margins in Canada;
- High potential exploration targets, Raven & Lynx;
- Production increase with year-round stacking;
- Mine life significantly extended at current gold price.
* Per 2019 Technical Report
Strengths
- H2 Guidance:
- 72,000 - 77,000 ounces Au
- AISC - US$1,175 - 1,275 per ounce
- Debt re-financed - 2021 savings $10M
- LOM average annual production of 210,000 oz/year
- Open pit 1:1 strip ratio
- Heap Leach 76% recovery
Opportunities
- Increased production with year-round stacking
- Extended mine life – deep drilling has shown mineralization extends to +650m
- High potential exploration targets
- VGCX is an attractive takeover target
Stock Info
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Last $11.87 High $11.96 Year High $21.04 Bid $11.84 Volume 47,555 As of January 27, 2021 08:37 am PST Open $11.48 Low $11.48 Year Low $4.02 Ask $11.88 Change 0.19 (1.63%)