Victoria Gold (VIT) Sets New 12-Month Low at $0.35

Victoria Gold Corp (CVE:VIT)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as C$0.35 and last traded at C$0.34, with a volume of 507535 shares trading hands. The stock had previously closed at C$0.35.

A number of research firms have recently commented on VIT. Pi Financial cut their price objective on shares of Victoria Gold from C$1.10 to C$0.80 in a research report on Monday, March 12th. BMO Capital Markets cut their price objective on shares of Victoria Gold from C$1.00 to C$0.80 in a research report on Tuesday, April 17th.

In other news, insider Sun Valley Gold Llc sold 113,987 shares of the firm’s stock in a transaction that occurred on Monday, March 26th. The shares were sold at an average price of C$0.40, for a total value of C$45,594.80. Insiders sold 239,987 shares of company stock valued at $94,810 over the last 90 days.

About Victoria Gold

Victoria Gold Corp. operates as a gold exploration and development company in Canada and the United States. It primarily holds a 100% interest in the Dublin Gulch property, which hosts the Eagle Gold deposit covering an area of approximately 555 square kilometers located in central Yukon, Canada. The company was formerly known as Victoria Resource Corporation and changed its name to Victoria Gold Corp.

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