White Gold (CVE:WGO) Trading 7.4% Higher – Time to Buy?

White Gold Corp. (CVE:WGOGet Free Report)’s share price shot up 7.4% during mid-day trading on Wednesday . The stock traded as high as C$2.05 and last traded at C$2.02. 1,999,550 shares were traded during trading, an increase of 259% from the average daily volume of 557,524 shares. The stock had previously closed at C$1.88.

White Gold Trading Up 7.4%

The stock’s 50-day moving average price is C$1.76 and its 200-day moving average price is C$1.78. The stock has a market cap of C$450.38 million, a price-to-earnings ratio of -101.00 and a beta of 3.59.

White Gold Company Profile

(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. 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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