Gold Miners See Renewed Momentum as Precious Metal Hits New Highs

Equity Insider News Commentary

Issued on behalf of Lake Victoria Gold Ltd.

VANCOUVER, BC., April 23, 2025 /CNW/ -- Equity Insider News Commentary – If you thought that gold prices setting new records was enough to keep the bulls happy, think again. Now a gold analyst backed by an endorsement from Canadian billionaire mining investor Eric Sprott is predicting a "once-in-a-generation" bull run for mining stocks. Gold stock analyst Don Durrett believes gold equities are "unbelievably mispriced" in current markets, and is citing his valuation model that projects gold could  surge to $4,000 per ounce. Major banks, including UBS and Deutsche Bank have already revised their gold price projections to $3,500 and $3,700 respectively. Even Goldman Sachs sees a $3,700 gold price this year, as some gold mining stocks have double in the last year. On the ground, miners are making gains in the current market, with important development coming from Lake Victoria Gold (TSXV:LVG.VN) (OTC-BB:LVGLF), TRX Gold Corporation (NYSE-American:TRX) (TSX:TRX.TO), Orezone Gold Corporation (TSX:ORE.TO) (OTCQX:ORZCF), Torex Gold Resources Inc. (TSX:TXG.TO) (OTCPK:TORXF), and i-80 Gold Corp. (TSX:IAU.TO) (NYSE:IAUX).