White Gold (CVE:WGO) Rating Increased to Moderate Buy at Clarus Securities

White Gold (CVE:WGO) was upgraded by analysts at Clarus Securities to a “moderate buy” rating in a research report issued on Wednesday,Zacks.com reports.

White Gold Stock Performance

Shares of WGO opened at C$1.78 on Wednesday. White Gold has a one year low of C$0.17 and a one year high of C$1.81. The stock has a 50-day moving average price of C$1.19 and a 200 day moving average price of C$0.88. The company has a market capitalization of C$394.16 million, a P/E ratio of -178.00 and a beta of 2.48.

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.