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VGCX

Victoria GoldTSX:VGCX Stock Report

Market Cap

CA$951.8m

7D

-3.2%

1Y

26.1%

Updated

04 Dec, 2021

Data

Company Financials +
VGCX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health3/6
Dividends0/6

VGCX Stock Overview

Victoria Gold Corp. acquires, operates, explores, and develops mineral properties in Canada and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Victoria Gold
Historical stock prices
Current Share PriceCA$15.24
52 Week HighCA$22.54
52 Week LowCA$10.42
Beta1.32
1 Month Change-17.76%
3 Month Change-5.17%
1 Year Change26.06%
3 Year Change167.37%
5 Year Change111.67%
Change since IPO276.30%

Recent News & Updates

Nov 19
Is Victoria Gold Corp. (TSE:VGCX) Trading At A 49% Discount?

Is Victoria Gold Corp. (TSE:VGCX) Trading At A 49% Discount?

Today we will run through one way of estimating the intrinsic value of Victoria Gold Corp. ( TSE:VGCX ) by taking the...

Oct 07
Victoria Gold (TSE:VGCX) Shareholders Will Want The ROCE Trajectory To Continue

Victoria Gold (TSE:VGCX) Shareholders Will Want The ROCE Trajectory To Continue

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...

Shareholder Returns

VGCXCA Metals and MiningCA Market
7D-3.2%-3.6%-2.2%
1Y26.1%-0.9%18.5%

Return vs Industry: VGCX exceeded the Canadian Metals and Mining industry which returned -1.1% over the past year.

Return vs Market: VGCX exceeded the Canadian Market which returned 20.3% over the past year.

Price Volatility

Is VGCX's price volatile compared to industry and market?
VGCX volatility
VGCX Average Weekly Movement5.4%
Metals and Mining Industry Average Movement10.7%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.6%

Stable Share Price: VGCX is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: VGCX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981399John McConnellhttps://vgcx.com

Victoria Gold Corp. acquires, operates, explores, and develops mineral properties in Canada and the United States. The company primarily explores for gold deposits. Its flagship property is 100% owned Dublin Gulch property, which hosts the Eagle and Olive-Shamrock Gold deposit covering an area of approximately 555 square kilometers located in central Yukon, Canada.

Victoria Gold Fundamentals Summary

How do Victoria Gold's earnings and revenue compare to its market cap?
VGCX fundamental statistics
Market CapCA$951.76m
Earnings (TTM)CA$120.33m
Revenue (TTM)CA$344.03m

7.9x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VGCX income statement (TTM)
RevenueCA$344.03m
Cost of RevenueCA$141.91m
Gross ProfitCA$202.12m
ExpensesCA$81.79m
EarningsCA$120.33m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.92
Gross Margin58.75%
Net Profit Margin34.98%
Debt/Equity Ratio51.4%

How did VGCX perform over the long term?

See historical performance and comparison

Valuation

Is Victoria Gold undervalued compared to its fair value and its price relative to the market?

40.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VGCX (CA$15.24) is trading below our estimate of fair value (CA$25.38)

Significantly Below Fair Value: VGCX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VGCX is good value based on its PE Ratio (7.9x) compared to the Canadian Metals and Mining industry average (9.5x).

PE vs Market: VGCX is good value based on its PE Ratio (7.9x) compared to the Canadian market (12x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VGCX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VGCX is good value based on its PB Ratio (2.2x) compared to the CA Metals and Mining industry average (2.3x).


Future Growth

How is Victoria Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

9.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if VGCX's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if VGCX's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VGCX's revenue (9.4% per year) is forecast to grow faster than the Canadian market (5.4% per year).

High Growth Revenue: VGCX's revenue (9.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VGCX's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Victoria Gold performed over the past 5 years?

79.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VGCX has high quality earnings.

Growing Profit Margin: VGCX's current net profit margins (35%) are higher than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: VGCX has become profitable over the past 5 years, growing earnings by 79.9% per year.

Accelerating Growth: VGCX's earnings growth over the past year (1302.8%) exceeds its 5-year average (79.9% per year).

Earnings vs Industry: VGCX earnings growth over the past year (1302.8%) exceeded the Metals and Mining industry 118.7%.


Return on Equity

High ROE: VGCX's Return on Equity (27%) is considered high.


Financial Health

How is Victoria Gold's financial position?


Financial Position Analysis

Short Term Liabilities: VGCX's short term assets (CA$159.7M) exceed its short term liabilities (CA$115.4M).

Long Term Liabilities: VGCX's short term assets (CA$159.7M) do not cover its long term liabilities (CA$268.6M).


Debt to Equity History and Analysis

Debt Level: VGCX's net debt to equity ratio (46.3%) is considered high.

Reducing Debt: Insufficient data to determine if VGCX's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: VGCX's debt is well covered by operating cash flow (49.8%).

Interest Coverage: VGCX's interest payments on its debt are well covered by EBIT (9.4x coverage).


Balance Sheet


Dividend

What is Victoria Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VGCX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VGCX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VGCX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VGCX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VGCX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

John McConnell

10.83yrs

Tenure

CA$1,500,960

Compensation

Mr. John Charles McConnell, B.Eng. (Mining) M.B.A., has been Chief Executive Officer and President at Victoria Gold Corp. since February 03, 2011 and has been its Director since July 31, 2007 and served as...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD1.17M) is about average for companies of similar size in the Canadian market ($USD1.17M).

Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: VGCX's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: VGCX's board of directors are seasoned and experienced ( 10.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: VGCX insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Victoria Gold Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Victoria Gold Corp.
  • Ticker: VGCX
  • Exchange: TSX
  • Founded: 1981
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$951.761m
  • Shares outstanding: 62.62m
  • Website: https://vgcx.com

Number of Employees


Location

  • Victoria Gold Corp.
  • 80 Richmond Street West
  • Suite 204
  • Toronto
  • Ontario
  • M5H 2A4
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/04 00:03
End of Day Share Price2021/12/03 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.