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White Gold (CVE:WGO) Stock Price 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 mid-day 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 Performance

The company has a market capitalization of C$61.68 million, a price-to-earnings ratio of -34.73 and a beta of 1.54. The company has a 50-day moving average price of C$0.29 and a 200-day moving average price of C$0.24.

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

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