Desjardins Upgrades Victoria Gold (TSE:VGC) to Hold

Victoria Gold (TSE:VGC) was upgraded by equities research analysts at Desjardins from a “strong sell” rating to a “hold” rating in a research report issued on Sunday, Zacks.com reports.

Separately, BMO Capital Markets cut shares of Victoria Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 25th.

Victoria Gold Price Performance

Victoria Gold (TSE:VGC) last posted its quarterly earnings results on Monday, May 13th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). The business had revenue of C$82.98 million for the quarter, compared to the consensus estimate of C$99.80 million.