White Gold (CVE:WGO) Reaches New 52-Week Low – Here’s Why

White Gold Corp. (CVE:WGOGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.20 and last traded at C$0.20, with a volume of 130495 shares changing hands. The stock had previously closed at C$0.22.

White Gold Trading Up 5.0 %

The firm’s 50-day moving average is C$0.25 and its 200 day moving average is C$0.27. The firm has a market capitalization of C$37.03 million, a price-to-earnings ratio of -20.00 and a beta of 1.54.

White Gold (CVE:WGOGet Free Report) last released its quarterly earnings results on Thursday, August 29th. The company reported C($0.01) EPS for the quarter. Analysts predict that White Gold Corp. will post -0.07 EPS for the current year.

About White Gold

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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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