Victoria Gold (VIT) Reaches New 12-Month Low After Insider Selling
Victoria Gold Corp (CVE:VIT)’s share price reached a new 52-week low during trading on Tuesday following insider selling activity. The company traded as low as C$0.41 and last traded at C$0.43, with a volume of 397337 shares trading hands. The stock had previously closed at C$0.43.
Specifically, insider Sun Valley Gold Llc sold 250,000 shares of the company’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of C$0.43, for a total transaction of C$107,500.00.
Separately, BMO Capital Markets reissued an “outperform” rating and set a C$1.00 price target on shares of Victoria Gold in a research report on Friday, October 6th.
Victoria Gold Company Profile
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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