White Gold Corp. (CVE:WGO - Get Free Report) shot up 24.6% during mid-day trading on Wednesday after an insider bought additional shares in the company. The stock traded as high as C$0.38 and last traded at C$0.38. 26,678,430 shares were traded during mid-day trading, an increase of 6,583% from the average session volume of 399,193 shares. The stock had previously closed at C$0.31.
Specifically, insider Pasquale Dicapo acquired 2,000,000 shares of the firm's stock in a transaction on Wednesday, July 23rd. The stock was purchased at an average cost of C$0.29 per share, with a total value of C$580,000.00.
White Gold Trading Down 1.3%
The business has a fifty day simple moving average of C$0.29 and a 200 day simple moving average of C$0.25. The stock has a market capitalization of C$76.85 million, a P/E ratio of -43.27 and a beta of 1.54.
White Gold Company Profile
(
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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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