Clarus Securities Upgrades White Gold (CVE:WGO) to Moderate Buy

White Gold (CVE:WGO) was upgraded by stock analysts at Clarus Securities to a “moderate buy” rating in a report issued on Wednesday,Zacks.com reports.

White Gold Stock Performance

Shares of WGO opened at C$1.78 on Wednesday. The stock has a market capitalization of C$394.16 million, a price-to-earnings ratio of -178.00 and a beta of 2.48. White Gold has a 52-week low of C$0.17 and a 52-week high of C$1.81. The stock’s 50-day simple moving average is C$1.19 and its 200 day simple moving average is C$0.88.

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. 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.