Canaccord Genuity Group Analysts Give White Gold (CVE:WGO) a C$3.40 Price Target

Canaccord Genuity Group set a C$3.40 price target on White Gold (CVE:WGO) in a report released on Monday, Marketbeat.com reports. The firm currently has a moderate buy rating on the stock.

White Gold Stock Performance

Shares of WGO stock opened at C$2.15 on Monday. The stock’s 50-day moving average is C$1.83 and its two-hundred day moving average is C$1.83. White Gold has a 1 year low of C$0.60 and a 1 year high of C$2.50. The firm has a market cap of C$479.36 million, a price-to-earnings ratio of -71.67 and a beta of 3.59.

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.