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White Gold (CVE:WGO) Shares Down 7.8% - Here's What Happened

White Gold logo with Basic Materials background

Shares of White Gold Corp. (CVE:WGO - Get Free Report) dropped 7.8% during trading on Friday . The company traded as low as C$0.30 and last traded at C$0.30. Approximately 99,000 shares were traded during trading, a decline of 57% from the average daily volume of 230,859 shares. The stock had previously closed at C$0.32.

White Gold Stock Down 7.8%

The stock has a 50 day moving average price of C$0.29 and a 200 day moving average price of C$0.24. The stock has a market capitalization of C$59.66 million, a price-to-earnings ratio of -33.59 and a beta of 1.54.

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.

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