Victoria Gold (TSE:VGC) Shares Down 3.9% – Here’s What Happened

Victoria Gold Corp. (TSE:VGCGet Free Report) fell 3.9% on Tuesday . The company traded as low as C$4.17 and last traded at C$4.19. Approximately 316,211 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 180,223 shares. The stock had previously closed at C$4.36.

Victoria Gold Stock Performance

The company has a market capitalization of C$230.45 million, a price-to-earnings ratio of -412.56 and a beta of 4.92. The business has a 50-day moving average of C$3.81.

Insiders Place Their Bets

In related news, Director Alan R. Edwards bought 10,000 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was purchased at an average cost of C$3.73 per share, for a total transaction of C$37,300.00. Following the transaction, the director owned 58,066 shares in the company, valued at C$216,586.18. The trade was a 20.80% increase in their position. Over the last ninety days, insiders acquired 17,415 shares of company stock valued at $67,224.

Victoria Gold Company Profile

(Get Free Report)

Valor is a Canadian gold exploration and development company formed through the strategic spin-out of the Courageous Lake Gold Project in the Northwest Territories. The Company’s mandate is to focus technical and financial resources on advancing a large-scale gold system through disciplined exploration, resource expansion, and staged development planning.

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