White Gold Corp. (OTCMKTS:WHGOF) Sees Large Increase in Short Interest

White Gold Corp. (OTCMKTS:WHGOF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 9,600 shares, an increase of 269.2% from the October 15th total of 2,600 shares. Based on an average trading volume of 29,700 shares, the days-to-cover ratio is presently 0.3 days.

White Gold Stock Down 0.8 %

WHGOF opened at $0.18 on Tuesday. The firm’s fifty day moving average price is $0.19 and its two-hundred day moving average price is $0.20. White Gold has a 1 year low of $0.14 and a 1 year high of $0.32.

About White Gold

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.