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Lake Victoria Gold Ltd ( (TSE:LVG) ) has shared an update.
Lake Victoria Gold Ltd has issued 148,885 common shares at a price of $0.30 per share to its convertible debenture holders, settling approximately $44,666 in accrued interest on $750,000 of debentures outstanding as of December 31, 2025. The share-based interest payment, made following TSX Venture Exchange approval, underscores the company’s continued use of equity to manage its financing obligations as it advances key Tanzanian gold assets toward development, a move that modestly dilutes existing shareholders while preserving cash for exploration and project build-out.
The most recent analyst rating on (TSE:LVG) stock is a Hold with a C$0.28 price target. To see the full list of analyst forecasts on Lake Victoria Gold Ltd stock, see the TSE:LVG Stock Forecast page.
Spark’s Take on TSE:LVG Stock
According to Spark, TipRanks’ AI Analyst, TSE:LVG is a Neutral.
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and negative free cash flow requiring funding). Offsetting this, technicals show a clear uptrend (though overbought), and recent corporate updates have been positive around exploration results and a potential near-term production plan.
To see Spark’s full report on TSE:LVG stock, click here.
More about Lake Victoria Gold Ltd
Lake Victoria Gold Ltd is a rapidly growing gold exploration and development company focused on growth and consolidation in Tanzania’s highly prospective Lake Victoria Goldfield. Listed on the TSX Venture Exchange, the company holds 100% interests in the Tembo project, adjacent to Barrick’s Bulyanhulu Mine, and the fully permitted Imwelo Project near AngloGold Ashanti’s Geita Gold Mine, which has historical resource estimates and a 2021 pre-feasibility study positioning it as a near-term mine development opportunity. LVG is backed by a highly experienced African mining team with insiders owning more than 60% of the shares, and benefits from strategic support and equity investment from Barrick and a partnership with Taifa Group.
Average Trading Volume: 222,601
Technical Sentiment Signal: Buy
Current Market Cap: C$54.64M
Find detailed analytics on LVG stock on TipRanks’ Stock Analysis page.