Key Points
- White Gold insider Donovan Pollitt bought 14,500 shares for C$22,475 at C$1.55 each, increasing his position by 7.82% to 200,000 shares.
- White Gold shares opened at C$1.52; the company’s market capitalization is C$338.9 million, and its 52-week trading range is C$0.85 to C$2.50.
- Analysts maintain a consensus Buy rating with a C$3.95 price target; reported targets include C$4.50 from ATB Cormark and C$3.40 from Canaccord.
White Gold Corp. (CVE:WGO - Get Free Report) insider Donovan Pollitt acquired 14,500 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were bought at an average cost of C$1.55 per share, with a total value of C$22,475.00. Following the transaction, the insider directly owned 200,000 shares in the company, valued at C$310,000. This trade represents a 7.82% increase in their position.
White Gold Stock Performance
White Gold stock opened at C$1.52 on Wednesday. The company has a market capitalization of C$338.90 million, a PE ratio of -50.67 and a beta of 3.90. White Gold Corp. has a fifty-two week low of C$0.85 and a fifty-two week high of C$2.50. The firm has a 50 day moving average price of C$1.89 and a 200 day moving average price of C$1.80.
Analysts Set New Price Targets
WGO has been the subject of several research analyst reports. ATB Cormark Capital Markets set a C$4.50 price target on White Gold and gave the stock a "speculative buy" rating in a research report on Thursday, September 10th. Canaccord Genuity Group set a C$3.40 price objective on White Gold and gave the company a "moderate buy" rating in a report on Monday, August 31st. Three research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, White Gold has a consensus rating of "Buy" and a consensus price target of C$3.95.
View Our Latest Analysis on WGO
White Gold Company Profile
(
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. 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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