Victoria Gold price target lowered to C$12 from C$24 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Victoria Gold to C$12 from C$24 and keeps a Buy rating on the shares. The new target factors in both the company’s 2023 year-end financials and the guidance for 2024 production and costs, the analyst tells investors in a research note.