Velocity Minerals Ltd (CVE:VLC) Company Profile
Symbol(s): CVE:VLC, OTCMKTS:VLCJF
Industry: Gold Mining
Website: www.velocityminerals.com
eMail: info@velocityminerals.com
Velocity Minerals Ltd (CVE:VLC) is a Canadian Gold mining company. It’s a junior late stage developer mainly focused on exploration and development of mineral properties in Bulgaria. The company has multiple properties including Rozino (Eastern Europe, Bulgaria), Chala (Eastern Europe, Bulgaria) and Sedefche (Bulgaria, Bulgaria).
Velocity Minerals Ltd (CVE:VLC) has about 0.5 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$82.437 per gold equivalent ounce.
Velocity Minerals Ltd has US$1.5 million cash and no debt. The company has 114.71 million shares outstanding and as of September 01, 2020, had a market capitalization of US$42.72 million. The stocks of Velocity Minerals Ltd trade on the Toronto TSX Ventures Stock Exchange and the Over-the-Counter Exchange.
Velocity Minerals Ltd (CVE:VLC) Share Price Chart
Velocity Minerals Ltd (CVE:VLC) Technical Data
Last Updated: September 2, 2020
Velocity Minerals Ltd (CVE:VLC) Financial Data
Velocity Minerals Ltd (CVE:VLC) Gold Resources
Velocity Minerals Ltd (CVE:VLC) Valuation by Resources
* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources