Victoria Gold (CVE:VIT) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Victoria Gold Corp (CVE:VIT) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$8.30 and traded as low as C$8.22. Victoria Gold shares last traded at C$8.30, with a volume of 136,122 shares changing hands.

Victoria Gold Price Performance

The stock has a market capitalization of C$474.98 million and a price-to-earnings ratio of -13.34. The company’s 50-day simple moving average is C$8.30 and its 200-day simple moving average is C$8.30. The company has a debt-to-equity ratio of 96.76, a current ratio of 0.74 and a quick ratio of 0.71.

Victoria Gold Company Profile

Victoria Gold Corp. engages in the acquisition, evaluation, and exploration of mineral properties in Canada and the United States. The company primarily explores for gold deposits. Its principal property is 100% owned 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. in July 2008. Victoria Gold Corp.