White Gold (CVE:WGO) Trading 20% Higher

White Gold Corp. (CVE:WGOGet Rating)’s stock price traded up 20% on Tuesday . The stock traded as high as C$0.48 and last traded at C$0.48. 103,109 shares were traded during mid-day trading, an increase of 158% from the average session volume of 39,921 shares. The stock had previously closed at C$0.40.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus cut their target price on White Gold from C$2.70 to C$2.45 in a research note on Wednesday, April 27th.

White Gold Price Performance

The firm has a 50 day simple moving average of C$0.43 and a two-hundred day simple moving average of C$0.56. The stock has a market cap of C$65.82 million and a price-to-earnings ratio of -44.00.

White Gold (CVE:WGOGet Rating) last released its quarterly earnings results on Monday, May 30th. The company reported C($0.01) EPS for the quarter. On average, sell-side analysts expect that White Gold Corp. will post -0.07 earnings per share for the current fiscal year.

About White Gold

(Get Rating)

White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Its flagship project is the Golden Saddle and Arc deposits in the White Gold property located in Dawson City, Yukon. It owns a portfolio of 17,584 quartz claims across 30 properties covering approximately 3,49,824 hectares located in the Yukon's White Gold District in Canada.

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