FY2024 Earnings Estimate for Victoria Gold Corp. Issued By Desjardins (TSE:VGC)

Victoria Gold Corp. (TSE:VGC) – Desjardins cut their FY2024 earnings per share estimates for shares of Victoria Gold in a research note issued to investors on Tuesday, June 25th. Desjardins analyst J. Sclodnick now expects that the company will post earnings of $0.76 per share for the year, down from their previous forecast of $1.08. Desjardins currently has a “Strong Sell” rating on the stock. Desjardins also issued estimates for Victoria Gold’s FY2025 earnings at $1.67 EPS and FY2026 earnings at $1.58 EPS.

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

VGC has been the topic of a number of other reports. BMO Capital Markets lowered Victoria Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Pi Financial reissued a “buy” rating on shares of Victoria Gold in a report on Wednesday, March 6th.

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