Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Lake Victoria Gold Ltd., a junior mineral exploration firm headquartered in Vancouver, Canada, is dedicated to discovering, acquiring, and advancing gold properties in Tanzania. Established in 1937, the company transitioned to its current name in December 2023, having previously operated as Tembo Gold Corp. Its primary focus is gold exploration, with key ventures including the Tembo gold property, situated within the Lake Victoria goldfield district in northwestern Tanzania, and the Imwelo Gold project, located within the Geita Greenstone belt of the Lake Victoria Goldfields.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers.
Target Price
The average target price of LVG.V is 0.65 and suggests 91.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc