White Gold (CVE:WGO) Trading Up 1.3% – Still a Buy?

White Gold Corp. (CVE:WGOGet Free Report)’s share price traded up 1.3% on Wednesday . The company traded as high as C$1.62 and last traded at C$1.52. 303,832 shares changed hands during trading, a decline of 46% from the average session volume of 560,344 shares. The stock had previously closed at C$1.50.

White Gold Stock Performance

The company’s 50 day moving average is C$1.77 and its 200 day moving average is C$1.75. The stock has a market capitalization of C$343.36 million, a price-to-earnings ratio of -77.00 and a beta of 3.58.

About White Gold

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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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