White Gold (CVE:WGO) Reaches New 52-Week High – Should You Buy?
by Tristan Rich · The Markets DailyWhite Gold Corp. (CVE:WGO – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as C$1.63 and last traded at C$1.61, with a volume of 637623 shares changing hands. The stock had previously closed at C$1.57.
White Gold Price Performance
The stock has a market capitalization of C$345.44 million, a P/E ratio of -156.00 and a beta of 2.48. The stock’s fifty day moving average is C$1.15 and its 200-day moving average is C$0.86.
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.