White Gold (CVE:WGO) Trading Down 4.7% – Here’s Why

White Gold Corp. (CVE:WGOGet Free Report)’s share price was down 4.7% during mid-day trading on Monday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 42,150 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 85,197 shares. The stock had previously closed at C$0.22.

White Gold Price Performance

The stock’s 50-day moving average price is C$0.24 and its 200 day moving average price is C$0.26. The firm has a market cap of C$36.15 million, a P/E ratio of -20.50 and a beta of 1.54.

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.

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