White Gold (CVE:WGO) Hits New 12-Month Low – Should You Sell?

White Gold Corp. (CVE:WGOGet Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.22 and last traded at C$0.21, with a volume of 65500 shares. The stock had previously closed at C$0.23.

White Gold Stock Down 6.7 %

The firm has a market capitalization of C$37.03 million, a PE ratio of -21.00 and a beta of 1.54. The business’s fifty day moving average price is C$0.26 and its 200 day moving average price is C$0.28.

White Gold (CVE:WGOGet Free Report) last issued its quarterly earnings results on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter. As a group, sell-side analysts forecast that White Gold Corp. will post -0.07 earnings per share for the current fiscal year.

White Gold Company Profile

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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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