White Gold (CVE:WGO) Director Purchases C$86,687.50 in Stock

Key Points

• David D'onofrio, a director at White Gold Corp, purchased C$86,687.50 worth of stock, acquiring 182,500 shares at an average price of C$0.48 each, bringing his total share ownership to 3,915,522 shares.
• Following recent trades, D'onofrio's transactions indicate a substantial 4.89% increase in his position with White Gold Corp.
• The stock's performance shows a recent trading price of C$0.64, with a market capitalization of C$126.50 million and a 1-year trading range between C$0.17 and C$0.68.

White Gold Corp. (CVE:WGO - Get Free Report) Director David D'onofrio purchased 182,500 shares of the company's stock in a transaction on Friday, August 22nd. The stock was purchased at an average price of C$0.48 per share, for a total transaction of C$86,687.50. Following the purchase, the director directly owned 3,915,522 shares of the company's stock, valued at C$1,859,872.95. This trade represents a 4.89% increase in their position.

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

• On Tuesday, August 26th, David D'onofrio purchased 75,000 shares of White Gold stock. The stock was purchased at an average price of C$0.56 per share, for a total transaction of C$41,625.00.

White Gold Stock Performance

Shares of CVE:WGO traded down C$0.02 during trading hours on Tuesday, hitting C$0.64. The stock had a trading volume of 521,193 shares, compared to its average volume of 472,755. The stock's fifty day simple moving average is C$0.43 and its 200 day simple moving average is C$0.32. White Gold Corp. has a 1-year low of C$0.17 and a 1-year high of C$0.68. The firm has a market capitalization of C$126.50 million, a price-to-earnings ratio of -64.00 and a beta of 0.95.

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.

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