White Gold Corp. (CVE:WGO - Get Free Report)'s stock price hit a new 52-week high on Wednesday following insider buying activity. The stock traded as high as C$0.38 and last traded at C$0.38, with a volume of 26678430 shares trading hands. The stock had previously closed at C$0.31.
Specifically, insider Pasquale Dicapo bought 2,000,000 shares of the stock in a transaction dated Wednesday, July 23rd. The stock was acquired at an average price of C$0.29 per share, for a total transaction of C$580,000.00.
White Gold Trading Down 1.3%
The stock has a market cap of C$76.85 million, a price-to-earnings ratio of -43.27 and a beta of 1.54. The stock's 50 day moving average is C$0.29 and its two-hundred day moving average is C$0.26.
About White Gold
(
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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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