Stifel Nicolaus Analysts Give White Gold (CVE:WGO) a C$3.45 Price Target

Stifel Nicolaus set a C$3.45 target price on White Gold (CVE:WGO) in a report published on Tuesday morning,BayStreet reports. The brokerage currently has a speculative buy rating on the stock.

A number of other brokerages have also weighed in on WGO. ATB Cormark Capital Markets set a C$4.50 price target on shares of White Gold and gave the company a “speculative buy” rating in a research note on Thursday, September 10th. Canaccord Genuity Group set a C$3.40 price target on shares of White Gold and gave the company a “moderate buy” rating in a research note on Monday, August 31st. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$3.78.

White Gold Stock Performance

CVE WGO opened at C$1.42 on Tuesday. The firm has a market capitalization of C$319.11 million, a P/E ratio of -47.17 and a beta of 3.76. White Gold has a fifty-two week low of C$0.85 and a fifty-two week high of C$2.50. The stock has a 50-day simple moving average of C$1.78 and a two-hundred day simple moving average of C$1.80.

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. and changed its name to White Gold Corp. in December 2016.