White Gold Corp. (CVE:WGO – Get Free Report) insider Donovan Pollitt bought 14,500 shares of the stock in a transaction on Monday, November 2nd. The shares were acquired at an average cost of C$1.55 per share, for a total transaction of C$22,475.00. Following the purchase, the insider owned 200,000 shares in the company, valued at C$310,000. The trade was a 7.82% increase in their ownership of the stock.
White Gold Price Performance
Shares of WGO opened at C$1.52 on Wednesday. White Gold Corp. has a 52-week low of C$0.85 and a 52-week high of C$2.50. The stock has a market cap of C$338.90 million, a PE ratio of -50.67 and a beta of 3.90. The firm’s fifty day moving average is C$1.89 and its two-hundred day moving average is C$1.80.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on WGO. ATB Cormark Capital Markets set a C$4.50 price objective on shares of White Gold and gave the company a “speculative buy” rating in a research note on Thursday, September 10th. Canaccord Genuity Group set a C$3.40 price objective on shares of White Gold and gave the company a “moderate buy” rating in a report on Monday, August 31st. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$3.95.
Get Our Latest Analysis on White Gold
White Gold Company Profile
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.
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