White Gold (CVE:WGO) Director David D'onofrio Purchases 75,000 Shares

Key Points

• David D'onofrio, a director at White Gold Corp. (CVE:WGO), acquired 75,000 shares at an average price of C$0.56, increasing his ownership by 1.88% to a total of over 4 million shares.
• Despite the insider purchases, White Gold's stock declined 3.0% to reach C$0.64, with a market capitalization of C$126.50 million.
• The company focuses on the acquisition, exploration, and development of mineral properties in Canada, primarily exploring for gold, copper, molybdenum, and silver.

White Gold Corp. (CVE:WGO - Get Free Report) Director David D'onofrio bought 75,000 shares of the firm's stock in a transaction dated Tuesday, August 26th. The stock was purchased at an average cost of C$0.56 per share, for a total transaction of C$41,625.00. Following the transaction, the director directly owned 4,065,522 shares of the company's stock, valued at C$2,256,364.71. The trade was a 1.88% increase in their position.

David D'onofrio also recently made the following trade(s):

• On Friday, August 22nd, David D'onofrio bought 182,500 shares of White Gold stock. The stock was purchased at an average cost of C$0.48 per share, for a total transaction of C$86,687.50.

White Gold Stock Up 4.1%

Shares of White Gold stock traded up C$0.03 on Friday, hitting C$0.77. The stock had a trading volume of 795,050 shares, compared to its average volume of 477,150. The stock has a market cap of C$152.19 million, a price-to-earnings ratio of -77.00 and a beta of 0.95. The business's 50 day moving average is C$0.47 and its two-hundred day moving average is C$0.33. White Gold Corp. has a twelve month low of C$0.17 and a twelve month high of C$0.78.

White Gold Company Profile

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.