Professional
Added to YB: 2026-09-29
Pitch date: 2026-09-24
LVG.V [bullish]
Lake Victoria Gold Ltd.
+24.19%
current return
Author Info
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Company Info
Lake Victoria Gold Ltd., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Tanzania.
Market Cap
CAD 62.8M
Pitch Price
CAD 0.31
Price Target
0.65 (+69%)
Dividend
N/A
EV/EBITDA
-15.73
P/E
-12.81
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Lake Victoria Gold – Additional Metallurgical Testwork Proves Positive
LVG.V (hold): Lake Victoria Gold’s preferred attrition-scrubbing and desliming route lifted 24-hour extraction from Area C’s clay-rich near-surface ore from 49.99% to 84.54%, complementing ~96-97% recoveries from deeper material and increasing confidence in Imwelo’s planned initial mining phase. The $0.65/share target is unchanged, though reported recoveries cover pretreated fractions rather than whole-ore plant recovery, which the next test phase must establish.
Read full article (4 min)