White Gold (CVE:WGO) Price Target Lowered to C$2.45 at Stifel Nicolaus

White Gold (CVE:WGO – Get Rating) had its target price dropped by equities research analysts at Stifel Nicolaus from C$2.70 to C$2.45 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. Stifel Nicolaus’ target price would suggest a potential upside of 322.41% from the company’s previous close.

Shares of WGO traded down C$0.02 during mid-day trading on Wednesday, hitting C$0.58. The stock had a trading volume of 2,008 shares, compared to its average volume of 49,102. The stock has a market capitalization of C$86.76 million and a P/E ratio of -12.34. The company’s fifty day moving average price is C$0.65. White Gold has a fifty-two week low of C$0.45 and a fifty-two week high of C$0.85.

About White Gold (Get Rating)

White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company's flagship project is the Golden Saddle and Arc deposits in the White Gold property located in Dawson City, Yukon. It owns a portfolio of 21,111 quartz claims across 31 properties covering approximately 420,836 hectares located in the Yukon's White Gold District in Canada.

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