White Gold (CVE:WGO) Upgraded at Clarus Securities

Clarus Securities upgraded shares of White Gold (CVE:WGO) to a moderate buy rating in a research note released on Wednesday morning,Zacks.com reports.

White Gold Stock Up 0.6%

Shares of CVE:WGO opened at C$1.79 on Wednesday. White Gold has a fifty-two week low of C$0.17 and a fifty-two week high of C$1.90. The firm’s 50-day simple moving average is C$1.21 and its 200-day simple moving average is C$0.89. The company has a market cap of C$396.37 million, a price-to-earnings ratio of -179.00 and a beta of 2.48.

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. The company owns a portfolio of 15,876 quartz claims across 26 properties covering approximately 315,600 hectares located in the Yukon’s White Gold District in Canada. The company was formerly known as G4G Capital Corp.