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Victoria Gold (VITFF)
OTHER OTC:VITFF
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Earnings Data
Report Date
Mar 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.21Last Year’s EPS
0.03Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jul 26, 2019
|% Change Since: 0.00%
|Next Earnings Date:Jul 26, 2019
Earnings Call Sentiment|Neutral
The earnings call highlighted strong safety performance and successful debt reduction efforts, along with a significant increase in the average realized gold price. However, the quarter was marked by decreased gold sales, increased costs per ounce, and a net loss, reflecting operational challenges. The sentiment is neutral as the positives were balanced by notable challenges.Company Guidance
During the Q1 2024 earnings call for Victoria Gold (VGCX.TO), the company provided guidance on several key metrics. The total recordable injury frequency (TRIF) was reported at 1.79, indicating strong safety performance. The company faced operational challenges due to winter conditions, leading to lower-than-expected ore tonnages, but anticipates production increases each quarter of 2024. The company sold 30,491 ounces of gold, generating $83 million in revenue, which was a decrease from the previous year's $97 million. Net loss after tax was $9 million, compared to a net income of $1 million in Q1 2023. The average realized gold price was USD 2,019 per ounce, with cash costs of USD 1,368 and all-in sustaining costs of USD 1,708 per ounce. Free cash flow before and after working capital adjustments was positive CAD 7 million and CAD 13 million, respectively. The company's priority for free cash flow is debt repayment, with USD 16.6 million remaining on its term loan. Additionally, the company highlighted plans to continue exploring the Raven deposit, aiming for an updated resource estimate after further drilling in 2024.No Lost Time Injuries
Reported zero lost time injuries in Q1, with a total recordable injury frequency (TRIF) of 1.79, among the best in the industry.
Successful Debt Reduction
The company made a USD 8.3 million payment against the term debt facility in Q1, continuing to deleverage the balance sheet.
Increase in Average Realized Gold Price
The average realized price per ounce of gold sold in Q1 2024 was USD 2,019, compared to USD 1,867 in Q1 2023.
Positive Free Cash Flow
Free cash flow before and after working capital in Q1 2024 was positive CAD 7 million and CAD 13 million, respectively.
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VITFF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VITFF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $0.35 | $0.35 | 0.00% |
| Aug 08, 2024 | $0.37 | $0.37 | 0.00% |
| May 13, 2024 | $4.90 | $5.25 | +7.14% |
| Feb 20, 2024 | $4.42 | $4.00 | -9.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Victoria Gold (VITFF) report earnings?
Victoria Gold (VITFF) is schdueled to report earning on Mar 20, 2025, TBA Not Confirmed.
What is Victoria Gold (VITFF) earnings time?
Victoria Gold (VITFF) earnings time is at Mar 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VITFF EPS forecast?
VITFF EPS forecast for the fiscal quarter 2024 (Q4) is -0.21.
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