Shares of White Gold Corp. (CVE:WGO – Get Free Report) were down 9.1% during trading on Wednesday . The company traded as low as C$1.88 and last traded at C$1.90. Approximately 298,685 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 652,865 shares. The stock had previously closed at C$2.09.
White Gold Stock Performance
The stock has a 50-day simple moving average of C$1.88 and a 200 day simple moving average of C$1.64. The company has a market cap of C$420.94 million, a P/E ratio of -95.00 and a beta of 3.41.
About White Gold
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.
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