Free Trial

White Gold (CVE:WGO) Hits New 52-Week High - Should You Buy?

White Gold logo with Basic Materials background

Key Points

Error: One or more errors occurred.

White Gold Corp. (CVE:WGO - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.41 and last traded at C$0.41, with a volume of 165055 shares. The stock had previously closed at C$0.40.

White Gold Price Performance

The firm's 50 day moving average price is C$0.30 and its 200-day moving average price is C$0.26. The stock has a market cap of C$81.91 million, a P/E ratio of -46.11 and a beta of 1.54.

Insider Activity at White Gold

In other news, insider Agnico Eagle Mines Limited bought 3,000,000 shares of the company's stock in a transaction dated Wednesday, July 23rd. The shares were purchased at an average price of C$0.29 per share, for a total transaction of C$870,000.00. Also, insider Pasquale Dicapo bought 2,000,000 shares of the company's stock in a transaction dated Wednesday, July 23rd. The stock was purchased at an average price of C$0.29 per share, for a total transaction of C$580,000.00. Corporate insiders own 51.30% of the company's stock.

About White Gold

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in White Gold Right Now?

Before you consider White Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and White Gold wasn't on the list.

While White Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines