White Gold Corp. (OTCMKTS:WHGOF) Sees Large Growth in Short Interest

White Gold Corp. (OTCMKTS:WHGOF) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 42,800 shares, an increase of 21,300.0% from the December 31st total of 200 shares. Based on an average trading volume of 68,100 shares, the days-to-cover ratio is currently 0.6 days.

White Gold Price Performance

OTCMKTS WHGOF traded down $0.01 during trading on Tuesday, hitting $0.14. 51,000 shares of the company traded hands, compared to its average volume of 36,500. The business has a fifty day simple moving average of $0.15 and a 200 day simple moving average of $0.18. White Gold has a 12 month low of $0.12 and a 12 month high of $0.32.

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.