Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Based in Vancouver, Canada, Lake Victoria Gold Ltd. is a junior mineral exploration entity, incorporated in 1937. This company, which adopted its current name in December 2023 after previously being known as Tembo Gold Corp., primarily acquires and develops mineral properties in Tanzania, with a dedicated focus on gold exploration. Its most significant asset is the 32-square-kilometer Tembo gold property, situated in the Lake Victoria goldfield district of northwest Tanzania.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers.
Target Price
The average target price of LVG.V is 0.50 and suggests 100% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr