White Gold (CVE:WGO) Stock Price Down 3.8% – Here’s Why

White Gold Corp. (CVE:WGOGet Free Report)’s stock price fell 3.8% during trading on Thursday . The company traded as low as C$0.25 and last traded at C$0.25. 7,893 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 83,448 shares. The stock had previously closed at C$0.26.

White Gold Stock Down 3.8 %

The stock has a market capitalization of C$44.09 million, a price-to-earnings ratio of -25.00 and a beta of 1.54. The stock’s 50-day simple moving average is C$0.26 and its 200 day simple moving average is C$0.28.

White Gold (CVE:WGOGet Free Report) last announced its earnings results on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter. As a group, equities research analysts anticipate that White Gold Corp. will post -0.07 earnings per share for the current year.

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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