White Gold (CVE:WGO) Reaches New 1-Year High – Time to Buy?

White Gold Corp. (CVE:WGOGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.68, with a volume of 723251 shares trading hands. The stock had previously closed at C$0.63.

White Gold Trading Up 6.3%

The firm has a market cap of C$132.42 million, a PE ratio of -67.00 and a beta of 0.62. The company’s 50-day moving average is C$0.40 and its 200 day moving average is C$0.31.

Insider Buying and Selling at White Gold

In other White Gold news, insider Pasquale Dicapo acquired 2,000,000 shares of White Gold stock in a transaction dated Wednesday, July 23rd. The stock was bought at an average cost of C$0.29 per share, with a total value of C$580,000.00. Also, insider Agnico Eagle Mines Limited bought 3,000,000 shares of the company’s stock in a transaction on Wednesday, July 23rd. The stock was bought at an average cost of C$0.29 per share, with a total value of C$870,000.00. Company insiders own 51.30% of the company’s stock.

About White Gold

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for White Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for White Gold and related companies with MarketBeat.com's FREE daily email newsletter.