Viva Gold Soars 11.11% to $0.20 on Record Volume: New High Since NIA’s Report
The world's most undervalued gold stock Viva Gold (TSXV: VAU) soared 11.11% today to $0.20 per share on record volume of 2.84 million shares.
On March 24th, NIA issued one of its most important reports in history, entitled 'Current Valuations = 2008 Financial Crisis Levels.' Click here to read.
We highlighted how First Mining Gold (TSX: FF), at $0.43 per share or US$35.95 per oz of gold resources, was trading at a valuation comparable to the 2008 financial crisis. The only company trading at an even lower valuation per ounce was Viva Gold (TSXV: VAU), at $0.13 per share or US$27.77 per oz of gold resources.
Viva Gold closed today at a new high since our March 24th report. We believe it is very likely that Kinross Gold (KGC) will acquire Viva Gold at a massive premium.
First Mining Gold deserves a significantly higher per-ounce valuation now that it has received EA Approval, and we don't believe the EA Approval has been priced in.
First Mining Chairman Keith Neumeyer recently invested in Westward Gold (CSE: WG).
The gold industry's #1 biggest catalyst of 2026 will be the IPO later this year of Barrick's North American gold assets. Its cornerstone asset, Fourmile, is adjacent to where WG is drilling right now, targeting Fourmile-like high-grade gold!
The gold industry's #1 most respected geologist, Dr. Quinton Hennigh, is the Chairman of Westward Gold (CSE: WG).
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 100,000 shares of VAU and can buy or sell shares at any time. NIA has received compensation from FF of US$100,000 cash for a twelve-month marketing contract and previously received US$50,000 cash for a six-month marketing contract which has since expired. NIA has received compensation from WG of US$60,000 in cash for a six-month marketing contract. This message is intended for informational and educational purposes only and does not provide investment advice.
