White Gold (CVE:WGO) Trading Down 3.8% – Here’s Why

White Gold Corp. (CVE:WGOGet Free Report)’s share price was down 3.8% on Thursday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 7,893 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 83,448 shares. The stock had previously closed at C$0.26.

White Gold Price Performance

The firm has a market cap of C$46.73 million, a price-to-earnings ratio of -26.50 and a beta of 1.54. The company has a fifty day moving average price of C$0.26 and a two-hundred day moving average price of C$0.28.

White Gold (CVE:WGOGet Free Report) last announced its quarterly earnings data on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter. On average, research analysts expect that White Gold Corp. will post -0.07 earnings per share for the current fiscal year.

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.

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