White Gold (CVE:WGO) Sets New 1-Year High – Here’s What Happened

Shares of White Gold Corp. (CVE:WGO) hit a new 52-week high during trading on Monday . The company traded as high as C$2.38 and last traded at C$2.31, with a volume of 398890 shares trading hands. The stock had previously closed at C$2.29.

Wall Street Analyst Weigh In

Separately, Clarus Securities raised shares of White Gold to a “moderate buy” rating in a report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

White Gold Stock Up 1.7%

The business’s 50-day moving average price is C$1.54 and its 200 day moving average price is C$1.13. The company has a market capitalization of C$515.95 million, a P/E ratio of -233.00 and a beta of 2.98.

White Gold Company Profile

White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, copper, molybdenum, and silver deposits. Its flagship project is the Golden Saddle and Arc deposits in the White Gold property located in Dawson City, Yukon. The company owns a portfolio of 15,876 quartz claims across 26 properties covering approximately 315,600 hectares located in the Yukon’s White Gold District in Canada. The company was formerly known as G4G Capital Corp.