White Gold (CVE:WGO) Stock Price Down 4.8% – Should You Sell?

White Gold Corp. (CVE:WGOGet Free Report)’s share price traded down 4.8% during trading on Monday . The stock traded as low as C$0.20 and last traded at C$0.20. 82,500 shares were traded during mid-day trading, a decline of 74% from the average session volume of 316,705 shares. The stock had previously closed at C$0.21.

White Gold Price Performance

The company has a market cap of C$40.45 million, a P/E ratio of -22.77 and a beta of 1.54. The stock has a fifty day moving average price of C$0.21 and a two-hundred day moving average price of C$0.23.

Insider Buying and Selling at White Gold

In other news, insider Pasquale Dicapo acquired 1,000,000 shares of White Gold stock in a transaction on Tuesday, February 4th. The stock was acquired at an average cost of C$0.17 per share, with a total value of C$170,000.00. In the last three months, insiders have purchased 1,115,000 shares of company stock worth $193,550. Corporate insiders own 51.30% of the company’s stock.

About White Gold

(Get Free Report)

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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