White Gold (CVE:WGO) Trading 20% Higher

White Gold Corp. (CVE:WGO – Get Rating) traded up 20% on Tuesday . The stock traded as high as C$0.48 and last traded at C$0.48. 103,109 shares were traded during mid-day trading, an increase of 158% from the average session volume of 39,921 shares. The stock had previously closed at C$0.40.

Analyst Ratings Changes

Separately, Stifel Nicolaus dropped their price objective on White Gold from C$2.70 to C$2.45 in a report on Wednesday, April 27th.

White Gold Trading Up 10.0 %

The company has a 50 day moving average price of C$0.43 and a 200-day moving average price of C$0.56. The company has a market cap of C$65.82 million and a P/E ratio of -44.00.

White Gold (CVE:WGO – Get Rating) last issued its quarterly earnings results on Monday, May 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. Equities analysts expect 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. Its flagship project is the Golden Saddle and Arc deposits in the White Gold property located in Dawson City, Yukon. It owns a portfolio of 17,584 quartz claims across 30 properties covering approximately 3,49,824 hectares located in the Yukon's White Gold District in Canada.