White Gold (CVE:WGO) Given a C$4.50 Price Target by ATB Cormark Capital Markets Analysts

by · The Markets Daily

White Gold (CVE:WGO – Get Free Report) received a C$4.50 target price from stock analysts at ATB Cormark Capital Markets in a research note issued to investors on Thursday, BayStreet reports. The brokerage presently has a “speculative buy” rating on the stock. ATB Cormark Capital Markets’ price target points to a potential upside of 111.27% from the company’s current price.

Separately, Canaccord Genuity Group set a C$3.40 price objective on shares of White Gold and gave the stock a “moderate buy” rating in a research report on Monday, August 31st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, White Gold presently has a consensus rating of “Buy” and an average target price of C$3.95.

Get Our Latest Report on White Gold

White Gold Trading Down 5.3%

Shares of White Gold stock traded down C$0.12 during trading hours on Thursday, hitting C$2.13. 213,648 shares of the company were exchanged, compared to its average volume of 561,305. The business has a 50-day moving average of C$1.88 and a 200-day moving average of C$1.85. White Gold has a 1 year low of C$0.70 and a 1 year high of C$2.50. The stock has a market capitalization of C$480.35 million, a price-to-earnings ratio of -71.00 and a beta of 3.87.

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.

Further Reading